GAIL To Invest in Startups In Compressed Biogas Space CBG-based startups working in providing technology, planning to expand their existing CBG plants, or planning to set-up new CBG plants can apply in the solicitation round

By Debarghya Sil

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.


GAIL (India), India's largest state-owned natural gas processing and distribution company, on Friday announced its plans to invest in startups operating in the area of compressed biogas (CBG) through its start-up initiative "Pankh'.

GAIL has opened a fresh round for solicitation of investment proposals from startups operating specifically in the area of CBG. The startups that are interested in equity investment from GAIL can apply on GAIL's website The solicitation round is open till July 24, 2020.

A statement released by GAIL said, "India has vast biomass resources and the government is giving special emphasis on its utilization by encouraging setting up of CBG plants. Further, oil and gas companies are ready to give commitment for offtake of CBG through the issue of letter of intent. Thus, it provides a good business opportunity to startups operating in this area."

CBG-based startups working in providing technology, planning to expand their existing CBG plants, or planning to set-up new CBG plants can apply in this round.

GAIL had launched its ambitious start-up initiative "Pankh' in July 2017 to invest in promising startups. So far, GAIL has made investments in 24 startups operating in various areas through four solicitation rounds.

Debarghya Sil

Entrepreneur Staff

Former Correspondent

Related Topics

Buy a Franchise

Learn the Secrets of Running 20+ Businesses as a Side Hustle — Finding and Nurturing Your 'STIC People'

Explore the critical importance of choosing the right franchise manager and the innovative 'STIC' approach.


Great Leaders Must Be Great Coaches — Here's How to Become One

To be a successful leader, you must become an expert in how to help others grow and develop. Here's a research-driven approach for entrepreneurial leaders to coach and effectively develop their teams.


How to Win Over the Room With Effective Persuasion Skills

The art of persuasion is not just about the notes, the data, and the pitch; it's about creating a connection that resonates with the audience. We explore how a blend of story, active listening, and genuine interaction can not only capture attention but also win hearts and minds, setting the stage for achieving success in any meeting.


'I Haven't Ticked All the Boxes Yet.' Hilary Duff Reveals Her Next Venture After More Than 2 Decades in the Spotlight — and the Surprisingly Relatable Key to Her Enduring Success

The actor talks entrepreneurship, secrets to success and her latest role as chief brand director for Below 60°, a product line of air fragrances.

Business Ideas

This Teacher Sells Digital Downloads for $10. Her Side Hustle Now Makes Six Figures a Month: 'It Seems Too Good to Be True, But It's Not.'

When one middle school teacher needed to make some extra income, she started a remote side hustle with no physical products and incredibly low overhead. Now she brings in six figures each month, and offers courses teaching others how to do the same.

News and Trends

Lights, Camera, Litigation: The Unraveling of Celebrity Web3 Collaborations

With a net worth of USD500 million, CR7 is one of the wealthiest athletes in the world. Others such as Leo Messi, Justin Bieber, Amitabh Bachchan, and Virat Kohli are associated with Bitget, Bored Ape, BeyondLife, and FanCraze, respectively