Gail India to partner US firm for new gas power generation technology

Source: LiveMint.com, Aug 22, 2016

New Delhi: State-owned Gail (India) Ltd said on Saturday it will tie up with California-based closely-held firm Bloom Energy Corp. on Monday to pursue natural gas-based fuel cell power generation, a new technology.

Gail said an agreement will be signed with the company in the presence of oil minister Dharmendra Pradhan, Gail chairman and managing director B.C. Tripathi and Bloom Energy chief executive K.R. Sridhar.

“This will explore long-term natural gas market potential for power generation.” Gail said without giving further details, which are expected on Monday.

 An invitation from Bloom Energy said its fuel cell technology could help the country move away from relying on fixed power infrastructure which is prohibitively capital intensive to “capital light and soft” infrastructure.

Bloom Energy claims its technology converts fuel into electricity through a clean electro-chemical process, which can use a variety of fuels, including biogas.Unlike traditional power generation, Bloom uses virtually no water and produces no unhealthy emissions, it stated.

Gail, which is in the field of gas marketing and transportation, will benefit from a deeper gas market in the country.

At present, natural gas accounts for only about 6.5% of India’s primary energy mix dominated by coal and crude oil.The government is pursuing private investments into the entire value chain of gas, which is generating interest from firms such as Bloom Energy.

However, availability of gas is limited in the country and freight cost and currency exchange rate movements add to uncertainty in relying on liquefied natural gas imported from gas surplus countries.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: