GAIL and US’ LanzaTech Sign Pact to Establish Carbon Capture Pilot Projects
GAIL (India) Limited and LanzaTech Global have forayed into an alliance to look out for innovative technology solutions that further GAIL’s net-zero 2040 goals and have the ability to help wider decarbonization applications worldwide.
July 19, 2023. By EI News Network
GAIL (India) Limited and LanzaTech Global have forayed into an alliance to look out for innovative technology solutions that further GAIL’s net-zero 2040 goals and have the ability to help wider decarbonization applications worldwide.
Amalgamating LanzaTech’s carbon capture and utilization technology with GAIL’s renewable H2 and CO2 gas streams, the project will facilitate resource utilization where the blocks of everyday consumer goods viz. Fuel, Packaging and Clothing can be made from biorecycled material instead of virgin fossil fuel.
Sandeep Kumar Gupta, Chairman and Managing Director of GAIL, stated, “The possibilities coming out of this collaboration with LanzaTech are very promising and significant to improving our carbon footprint.”
He further said, “Using LanzaTech’s cutting-edge technology will enhance our environmental stewardship and open up new avenues for driving sustainability across our operations.”
Dr Jennifer Holmgren, LanzaTech’s CEO and Board Member of the US-India Strategic Partnership, said, “By combining LanzaTech’s expertise in carbon recycling with GAIL’s commitment to reducing emissions and implementing renewable projects, this project has the potential to turn CO2 from an environmental liability to a value added product. CO2 can be the raw material of the future, enabling fossil carbon to stay underground. We look forward to launching our collaboration with GAIL to make this vision a reality.”
Through this alliance, GAIL and LanzaTech intend to put new benchmarks in carbon utilization, giving a compelling model for the utilization of CO2 gas streams that would otherwise be emitted as greenhouse gases.
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