Minister of State for Petroleum & Natural Gas, Dharmendra Pradhan termed it a strategic partnership to transform India’s energy future. “The signing of the MoU between Bloom Energy and GAIL is a significant step towards realising the Prime Minister’s vision of using technology and innovation for fast tracking India’s progress. The biggest beneficiary of this MoU will be urban India because it will significantly decrease pollution caused by backup power generation,” said Pradhan. He added that the only challenge is cost and scale of the technology.
Bloom Energy's technology uses natural gas in fuel cells to produce clean electricity consuming very less space & with no noise. The technology is presently being used by over 100 of the Fortune 500 companies that are diversified majors in FMCG, IT, Telecom, Retailing and e-commerce. Speaking on the occasion GAIL CMD B C Tripathi said, “GAIL and Bloom Energy have a tremendous opportunity to transform India’s energy future. This is unique positioning in the Indian market to deliver clean, reliable, and affordable power requiring minimal space and time to set-up. A perfect solution to India’s fast growing energy needs.” Bloom Energy’s Founder CEO, K R Sridhar, added, “This partnership brings us closer to realizing Bloom Energy’s mission to provide access to clean, reliable and affordable energy for India and the world.”
Niti Aayog CEO Amitabh Kant, described the Bloom technology as ‘path breaking’ which can bring a transformational change in electricity generation. GAIL’s subsidiary at Bengaluru is already supplying natural gas for energising a multi-mw Bloom Energy project for a large global technology company at the Technology Park in Bangalore.