GAIL (India) Limited and Silicon Valley-based Bloom Energy have signed a new partnership to transform India’s energy future through the use of innovative technology and signed a Memorandum of Understanding (MoU) to deploy natural gas-based fuel cell technology to generate electricity.
The unique tie-up seeks to leverage the strengths of both the organizations. Whilst GAIL brings a portfolio of natural gas to ensure reliable and competitively available natural gas for Bloom Energy projects along its integrated gas supply networks, Bloom Energy’s power systems run on advanced solid oxide fuel cell technology that are not just acknowledged as the most efficient producers of electricity based on Natural Gas but also combines the advantage of requiring a tenth of the space required for generating equivalent power through other modes.
The MoU provides an alignment of a shared vision between GAIL and Bloom Energy and opens up an opportunity for Indian consumers to experience bundled and reliable service by the two leading brands for expanding the distributed power generation systems in India.
Mr. Amitabh Kant, CEO, Niti Aayog, described the Bloom technology as pathbreaking which can bring a transformational change in electricity generation.