GAIL signs MoU with KABIL to strengthen collaboration in critical minerals

New Delhi: GAIL (India) Limited has signed a Memorandum of Understanding (MoU) with Khanij Bidesh India Limited (KABIL) to collaborate in the field of critical and strategic minerals, a move aimed at strengthening India's long-term resource security.

Follow The PSUWatch Channel on WhatsApp

The MoU has been signed by GAIL's Executive Director (R&D & E&P) Sanjeev Kumar and KABIL's Chief Executive Officer of KABIL Sunil Kumar Singh in the presence of GAIL's Director (Business Development) RK Singhal and senior officials from both organisations.

Follow PSU Watch on LinkedIN

Under the agreement, GAIL and KABIL will work together to identify and evaluate opportunities in critical and strategic minerals, facilitate the exchange of technical expertise, and undertake capacity-building initiatives.

The partnership also envisages exploring joint opportunities across the mining value chain to support the country's long-term supply of critical minerals, which are essential for clean energy technologies and the broader energy transition.

The collaboration aligns with India's efforts to secure access to critical mineral resources required for sectors such as renewable energy, electric mobility, advanced manufacturing and energy storage.

(PSU Watch is India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy. 👉 Click to join our channel now: PSUWatch WhatsApp Channel. Prefer LinkedIn? Follow PSU Watch on LinkedIN. Click to stay connected on Twitter here and stay updated)