IRM Energy Limited has signed its second long-term (5-year) Regasified Liquefied Natural Gas (RLNG) supply agreement with Gujarat State Petroleum Corporation Limited (GSPCL). As per the agreement, It will procure 65,76,000 MMBtu, equivalent to approximately 174.44 MMSCM at 9500 kCal Gross Calorific Value (GCV). This deal ensures a stable and affordable energy supply for its customers.
Strengthening Strategic Partnerships
Directors of IRM Energy, Badri Mahapatra and Amitabha Banerjee, attended the signing ceremony, reaffirming the company’s dedication to securing reliable energy sources. Earlier, on March 26, 2025, IRM Energy signed a similar agreement with Shell Energy India Private Limited. These agreements collectively secure a total supply of 1,88,97,200 MMBtu of RLNG and Domestic Gas over the next five years, reinforcing the company’s commitment to energy security and sustainability.
Driving Growth and Energy Security
The agreement plays a crucial role in IRM Energy’s expansion strategy. It strengthens its sourcing portfolio and ensures a continuous, affordable natural gas supply. GSPCL leverages its expertise in the LNG market. This enhances its ability to provide a steady and reliable energy source to industrial and commercial customers.
Advancing Sustainability with Clean Energy Solutions
IRM Energy’s partnership with GSPCL supports India’s transition to cleaner energy. It replaces conventional fuels with cost-effective and environmentally friendly alternatives. The collaboration not only strengthens energy security but also helps industries lower their carbon footprint and operational costs.
Fuelling Industrial and Commercial Growth
With a reliable LNG supply, IRM Energy is well-positioned to drive industrial growth and facilitate the adoption of clean energy solutions. “As we continue our mission to provide sustainable and affordable energy, this agreement is a crucial step forward,” said Manoj Kumar Sharma, CEO of IRM Energy. “We are confident that this collaboration will ensure stable gas supplies. It will foster industrial development and encourage the widespread use of clean energy,” Sharma added.
Commitment to Innovation and Expansion
IRM Energy remains dedicated to expanding energy access across its authorized geographical areas. It also focuses on maintaining affordability and reliability for industries, businesses, and households. It has signed a 5-year RLNG supply deal with GSPCL. As per the press release, the agreement secures 65,76,000 MMBtu, ensuring a stable, affordable, and sustainable energy supply.
