EESL, GAIL sign MoU for trigeneration projects
15 June 2020
GAIL and Energy Efficiency Services Ltd (EESL) signed a memorandum of understanding for cooperation in the development of trigeneration projects in India. Trigeneration or Combined Cooling, Heat and Power (CCHP) typically involve natural gas-fired generators to produce electricity.
The waste heat from flue gas is recovered to produce hot water or steam which in turn is used for heating purposes and also in absorption chillers for cooling.
The memorandum of understanding (MoU) aims at building a closer strategic partnership between the two companies by jointly exploring business opportunities in the trigeneration business segment in India, an EESL statement said.
Under this MoU, GAIL and EESL shall jointly undertake studies and if found viable, a 50:50 joint venture between the two companies will be incorporated for undertaking trigeneration projects.
The MoU was signed between Santanu Roy, Executive Director (Business Development & Project Development), GAIL and Amit Kumar Kaushik, Executive Director (Strategic Growth), EESL through video conference. GAIL chief Manoj Jain and EESL MD Saurabh Kumar were also present.