Press Release 2025
07-08-2025
GAIL (India) Limited
GAIL (India) Limited and Hindustan Copper Limited Sign MoU to Jointly Explore and Develop Critical Mineral Resources
New Delhi, August 7, 2025: GAIL (India) Limited and Hindustan Copper Limited (HCL) have signed a Memorandum of Understanding (MoU) to collaborate on the exploration and development of critical mineral resources in India and overseas.
Shri Sanjay Agarwal, Executive Director (Business Development and Exploration & Production), GAIL and Shri Binod Kumar Gupta, Executive Director (Mining)- Resource Planning, HCL signed the MoU in the presence of Shri R.K. Singhal, Director (Business Development), GAIL and Shri Sanjeev K. Singh, Chairman and Managing Director, HCL along with senior officials from both the organisations.
This strategic partnership between Hindustan Copper and GAIL marks a significant development in India's critical minerals sector, potentially enhancing the country's self-reliance in these crucial resources and supporting its growing technology and clean energy industries. It also reflects India’s growing focus on sustainable development and the need to reduce dependence on imported resources by strengthening domestic capabilities in mining and mineral processing.
This MoU represents a forward-looking step toward unlocking the potential of India's mineral wealth while also exploring strategic opportunities abroad. The collaboration reaffirms the commitment of both companies to national development, technological progress, and sustainable resource management.
About GAIL
GAIL, a Maharatna Central Public Sector Enterprise, is India’s leading natural gas transmission and distribution company with gas transmission & distribution pipelines, processing and petrochemicals plants besides interest in upstream oil & gas blocks and LNG regasification terminals in India. GAIL is dedicated to enhancing the nation’s energy infrastructure and promoting sustainable development through various initiatives in natural gas, petrochemicals, and renewable energy. For more information, please visit www.gailonline.com.