THINK Gas, a leading player in the Indian city gas distribution business, on Tuesday said it has entered into a long-term gas sales and purchase agreement with Shell Energy India, in which it will receive natural gas supply from Shell Energy India’s portfolio through the Hazira LNG terminal.
“The execution of this long-term agreement builds upon our strategy to diversify our gas portfolio in a complex global environment and offering reliable, flexible, affordable and sustainable solutions to our downstream customers,” said Abhilesh Gupta, MD and CEO, THINK Gas.
He added that the supplies from Shell Energy India would help meet the growing demand of their customers powering homes, vehicles and fuelling industries with cleaner energy.
“This agreement will cater to a part of our company’s projected energy requirement, and we are evaluating other similar partnerships to satisfy the growing energy needs of our customers,” said Gupta.
THINK Gas is the merged entity of AG&P Pratham and THINK Gas.
India’s natural gas sector is witnessing strong growth, with increasing foreign direct investment reflecting global confidence in the country’s clean energy transition potential.
