India's Gail advances net zero target by five years to 2035
SUMMARY
It plans to focus on electrification of natural gas-based equipment, renewable energy, battery energy storage systems, compressed biogas, green hydrogen, CO2 valorisation initiatives, and afforestation.
By Shardul SharmaPOSTED IN:
Indian state-owned energy company Gail has announced it will advance its net zero target for Scope-1 and 2 emissions by five years, moving the goal from 2040 to 2035. This decision, announced on June 28, follows a study undertaken by Gail to enhance its sustainability goals and align with India's broader net zero commitments.
The company plans to achieve this goal through various initiatives, including the electrification of natural gas-based equipment, renewable energy, battery energy storage systems, compressed biogas, green hydrogen, CO2 valorisation initiatives, and afforestation.
Sandeep Kumar Gupta, managing director of Gail, is implementing measures to reduce emissions within the company's operations, contributing to a cleaner environment.
Gail is one of India’s largest natural gas companies, with integrated operations across the value chain, including exploration and production, processing, transmission, distribution, marketing, petrochemicals, LNG trading and shipping, city gas distribution, and related services.
