Adani Total Gas partners with INOXCVA to boost India's LNG ecosystem

Adani Total Gas Ltd (ATGL), a prominent city gas distribution company in India, and INOX India Ltd (INOXCVA), a global leader in cryogenic liquid storage, have collaborated to enhance the liquefied natural gas (LNG) ecosystem in the country. Both companies have formalized a mutual support agreement, designating each other as "preferred partners" for the supply of LNG and LCNG equipment and services. This partnership aims to identify and explore potential opportunities for collaboration to reinforce the LNG infrastructure in India.

Being designated as "preferred partners" comes with specific project-level advantages for ATGL. These benefits encompass preferential treatment and the privilege of advanced scheduling, along with opportunities for collaboration in various areas. These collaborative possibilities include the establishment of LNG/LCNG stations and LNG satellite stations, the transition to LNG as a transport fuel, managing LNG logistics, and the development of small-scale liquid hydrogen solutions for the industry.

The mutual support agreement outlines the roles and responsibilities of both parties, aiming to harness the expertise of each to enhance the development of LNG infrastructure. This includes the establishment of small-scale LNG plants and LNG stations, with the goal of achieving economies of scale in converting heavy vehicles to LNG. The agreement also emphasizes the collaborative efforts towards implementing best practices in health, safety, and environment (HSE), ensuring fuel efficiency, maintaining high-quality conversion, and delivering exemplary services.

Speaking about the collaboration, Suresh P. Manglani, Executive Director & CEO, ATGL said: "Air pollution and greenhouse gas (GHG) emissions are on the rise. With the ongoing rapid industrial growth and a huge increase in heavy vehicles for the transportation of goods, challenges will become even more formidable going forward. This partnership with INOXCVA shall help ATGL in furthering the phased transition of long-haul heavy vehicles and buses currently using HSD/diesel to LNG, thereby helping over 30 percent reduction in CO2 and GHG emissions. ATGL will also fast-track the setting up of LNG stations across the country for boosting the confidence of fleet operators to embrace LNG as a transportation fuel".

INOXCVA Promoter and Non-Executive Director Siddharth Jain said: "As our economy prepares to go an overdrive, it is imperative that we also maintain a focus on ensuring that the transition happens in a sustainable manner. We are, therefore, excited about our cooperation with ATGL, which would look to strengthen the LNG ecosystem and building and promoting LNG as a transport fuel. Our combined synergies, backed by the expertise and scale of both the Parties will truly benefit the stakeholders in the economy in reducing emissions, and make significant contributions towards the green transition". Notably, ATGL, authorized in 33 Geographical Areas, plays a significant role in the nation's efforts to enhance the share of natural gas in its energy mix, a statement noted.