GAIL India and CONCOR have signed a Memorandum of Understanding (MoU) to explore the adoption of Liquefied Natural Gas (LNG) as an alternative fuel for the logistics sector.
The MoU aims to assess the feasibility of using LNG as fuel for CONCOR’s logistics fleet. This collaboration seeks to harness LNG’s advantages as a cleaner and more cost-effective alternative to diesel, which could result in reduced emissions and lower operational costs, the company said.
Sanjay Kumar, Director (Marketing), GAIL said that GAIL holds the largest LNG portfolio in the country, with contracts spanning multiple geographies worldwide; positioning it as a reliable LNG supplier.
“LNG as a transportation fuel is poised to be a game-changer for the transportation industry, and India is steadily gaining momentum in adopting this cleaner fuel alternative. This MoU reinforces a mutually beneficial partnership between leading conglomerates, fostering a more sustainable and environmentally-friendly logistics framework,” Kumar said.
Sanjay Swaroop, Chairman and Managing Director of CONCOR highlighted that the MoU is yet another step towards CONCOR’s commitment to provide sustainable logistics solutions to the customers for which the company has already established LNG station at MMLP Khatuwas, and procured a large fleet of 130 LNG trailers, which is resulting in reduction in carbon footprints in CONCOR’s day to day operations.