GAIL, BHEL Sign Pact For Development Of Solar Power Projects

State-owned gas utility GAIL India Ltd has signed an agreement with Bharat Heavy Electricals Ltd (BHEL) for cooperation in the development of solar power projects.

The MoU aims at building a closer strategic partnership between the two Maharatna PSUs for jointly pursuing commercial solar power projects through participation in tariff / Viability Gap Funding (VGF) based competitive bidding process.

Source- The Livemint

Static/Current Takeaways Important For LIC AAO Mains Exam:

  • GAIL is India’s biggest natural gas company.
  • BHEL is one of the few companies in the world, and only company in India, having the capability to manufacture the entire range of power plant equipment.

Find More Business News Here

 हिंदी में पढ़े 

Leave a comment

Your email address will not be published. Required fields are marked *