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By Aayush Khanna
In a strategic move towards environmental sustainability, Adani Total Gas Ltd (NS:) (ATGL), a prominent player in India's energy and city gas distribution sector, has joined forces with Shigan Quantum Technologies Limited. The collaboration, outlined in a Memorandum of Understanding (MoU), signifies a shared commitment to decarbonizing the supply chain and fostering a transition to cleaner energy sources like Compressed Natural Gas (CNG) and Liquefied Natural Gas (LNG).
Shigan Quantum Technologies specializes in alternative fuel system solutions for various applications, ranging from automotive and locomotives to stationary engines. The collaboration's primary focus lies in the adoption of for transportation and mining applications, offering sustainable solutions to fleet operators. This includes deploying eco-friendly solutions in sectors such as cement, ports, and logistics, which are integral to Adani Group companies.
The partnership extends its reach to explore diverse applications, including LNG retrofitment solutions for stationary engines, locomotives, and marine equipment. Beyond CNG and LNG, the collaboration aims to delve into developing e-mobility solutions for last-mile delivery services and identifying use cases for green hydrogen as fuel for Internal Combustion Engine (ICE (NYSE:)) vehicles.
Both ATGL and Shigan are optimistic about the positive impact of this collaboration on the environment and the broader business community. The MoU establishes a framework for prioritizing sustainability efforts without compromising operational efficiency.
Suresh P. Manglani, Executive Director and CEO of ATGL, sees the MoU as a catalyst for a greener and more sustainable future. The collaboration intends to co-develop comprehensive solutions that support the transport and mining industries in their journey towards decarbonization, aligning with the country's net-zero commitments.
Shishir Agrawal, Managing Director of Shigan, expressed enthusiasm about the partnership, emphasizing its significant role in advancing environmental responsibility. The joint commitment to transitioning to cleaner fuels aims not only to reduce the carbon footprint but also to inspire positive change within the industry. The collaboration is poised to contribute to India's sustainable energy landscape while driving positive transformations in the business ecosystem.
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