In a key development, GAIL India Limited has planned a capital expenditure of Rs 300 billion for development of pipelines, petrochemicals, city gas distribution (CGD), operational capex, and also entry into the renewable energy business. This capex is expected to be spent in a period of three years.
GAIL successfully commissioned India’s first project for blending hydrogen in the city gas station on January 31, 2022. GAIL board also accorded approval for setting up a 10 MW electrolyser plant for producing green hydrogen at an estimated investment of Rs 2.31 billion out of 4.3 tonnes per day of PEM electrolyser for green hydrogen project.