GAIL India (GAIL) has
entered into an MoU with Indian Farmers Fertiliser Cooperative (IFFCO) on 02
February 2009, to explore the possibility of setting up a gas-based power plant
and a fertiliser unit in India.
GAIL and IFFCO will
evaluate the potential of setting up of a gas-based power plant and other
industries including chemicals, fertilisers, compressed natural gas (CNG) and
piped natural gas (PNG) in India and also explore the possibility of sourcing of
natural gas/LNG for the identified projects.
GAIL and IFFCO will
jointly carry out the feasibility study for the identified projects. Followed by
this, both the firms will float a JV to implement the projects.
Also See:
GAIL gets Supreme
Court approval to lay RLNG pipeline(27-Jan-09)