Adani Total Gas Ltd (ATGL) and INOX India Ltd (INOXCVA) have signed a mutual support agreement under which ATGL and INOXCVA will receive 'preferred partner' status for the delivery of LNG and LCNG equipment and services, as well as identifying and exploring potential collaboration opportunities to strengthen the country's LNG ecosystem.
As preferred partners, ATGL will receive certain project-level benefits, such as preferential treatment and access to advanced scheduling, as well as consideration for collaborative opportunities for establishing LNG/LCNG stations, LNG satellite stations, transitioning to LNG as a transport fuel, LNG logistics, and developing small-scale liquid hydrogen solutions for the industry.
The mutual support agreement specifies the roles and responsibilities of each party in developing LNG infrastructure, such as small-scale LNG plants and LNG stations, achieving economies of scale for converting heavy vehicles to LNG, developing best practices for HSE, fuel efficiency, high-quality conversion, and services.
This collaboration with INOXCVA will assist ATGL in advancing the gradual transition of long-haul heavy trucks and buses now utilising HSD/diesel to LNG, resulting in a 30% decrease in CO2 and GHG emissions. ATGL will also expedite the establishment of LNG stations around the country, enhancing fleet operators' trust in LNG as a transportation fuel.
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