- GAIL and EESL will jointly undertake studies and if found viable, a 50:50 joint venture between GAIL and EESL will be incorporated for undertaking Trigeneration projects
- Trigeneration or Combined Cooling, Heat and Power (CCHP) involves natural gas-fired generators to produce electricity
GAIL (India) Limited and Energy Efficiency Services Limited (EESL) has signed a Memorandum of Understanding (MoU) for cooperation in the development of Trigeneration projects in India. This MoU will aim at building a closer strategic partnership between the two companies by jointly exploring business opportunities in the Trigeneration business segment in India.
GAIL and EESL will jointly undertake studies and if found viable, a 50:50 joint venture between GAIL and EESL will be incorporated for undertaking Trigeneration projects
Manoj Jain, C&MD, GAIL said, “There is a significant market potential for trigeneration projects in India, particularly small industrial & commercial sectors and office buildings. As trigeneration business is at initial stage, the collaboration would enable to take first mover advantage in the trigeneration business similar to GAIL’s city gas business. Further, it would also push gas usage in new applications which is in line with GAIL’s Strategy 2030. Accordingly, the strategic partnership between GAIL & EESL is a win-win situation for both the companies”.
Natural gas-fired generators to produce electricity
Trigeneration or Combined Cooling, Heat and Power (CCHP) involves natural gas-fired generators to produce electricity. The waste heat from flue gas is recovered to produce hot water/steam. This is used for heating purposes and in absorption chillers for cooling.
Saurabh Kumar, managing director, EESL added, “The intervention potential of trigeneration technology in revolutionising India’s energy landscape is significant. EESL is proud to pioneer the effort towards harnessing this potential with GAIL which will set a precedent for upcoming trigeneration projects. I wish both the parties all the very best for the successful implementation of this initiative”.
