GAIL India Limited has increased its startup investment fund from Rs 1 billion to Rs 5 billion to support emerging enterprises in clean energy, renewables, energy storage, electric mobility, and digital transformation. With this initiative, the company aims to provide greater financial and strategic support to entrepreneurs and foster an environment of innovation and sustainability in India’s energy and technology sectors.
GAIL India Limited currently has a renewable energy portfolio of 132 MW, consisting of 118 MW of wind and 14 MW of solar capacity. The company launched its startup initiative in July 2017, through which it has invested in 36 startups across various sectors, including compressed biogas, electric mobility, and environmental solutions.
In October 2024, GAIL India Limited and AM Green signed an MoU to develop up to 2,500 MW of solar-wind hybrid projects with energy storage and study the utilisation of 350 kilotonnes of carbon from GAIL’s gas processing plants for e-methanol production using renewable energy.
