New Delhi, July 18 (APAC Media): 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.
This marks a significant step towards strengthening India’s long-term resource security.
The MoU was signed by GAIL Executive Director (R&D and E&P) Sanjeev Kumar and KABIL Chief Executive Officer Sunil Kumar Singh in the presence of GAIL Director (Business Development) RK Singhal and senior officials from both organisations.
Focus on critical minerals
Under the agreement, GAIL and KABIL will jointly identify and evaluate opportunities in the critical and strategic minerals sector. The partnership will also facilitate the exchange of technical expertise, promote knowledge sharing and undertake capacity-building initiatives to enhance capabilities in the segment.
The two organisations will further explore opportunities across the mining value chain to support a stable and sustainable supply of critical minerals for India.
Supporting energy transition
The collaboration is aligned with India’s broader strategy to secure access to minerals that are vital for renewable energy, electric mobility, advanced manufacturing, and energy storage.Â
These resources are considered essential for accelerating the country’s clean energy transition while reducing dependence on external supply chains and strengthening long-term energy security.
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