IRM Energy announced Wednesday a significant agreement with Shell Energy India. The companies signed a five-year deal. Shell Energy India will supply Re-gasified Liquefied Natural Gas (RLNG). The total volume is 1.23 crore MMBtu. This is equivalent to about 326.84 million standard cubic metres (mmscm). The Gross Calorific Value (GCV) is set at 9500 K/cal.

IRM Energy confirmed the agreement details Wednesday. The five-year term ensures a long-term supply. The substantial volume of RLNG will cater to the company's customer base. The energy content, measured in MMBtu and mmscm, highlights the scale of the deal. The specified GCV provides a standard for the gas's energy quality.

The signing ceremony included Badri Mahapatra. He serves as a Director at IRM Energy. His presence underscores the importance of this agreement for the company.

Manoj Kumar Sharma, CEO of IRM Energy, commented on the partnership. “This agreement is a testament to our commitment,” Sharma stated. He emphasized providing sustainable and affordable energy solutions. These solutions are for their valued customers. “With this partnership, we are confident in ensuring stable gas supplies.” He believes this will support economic development. It will also aid clean energy adoption.

IRM Energy further elaborated on the deal's objectives. The partnership with Shell Energy India aims to guarantee consistent RLNG availability. This availability is crucial for industrial customers. Commercial customers will also benefit.

The company highlighted the strategic alignment of this partnership. It supports IRM Energy’s mission. Their mission is to contribute to India’s clean energy transition. Simultaneously, they are focused on ensuring energy affordability for consumers.

This long-term supply agreement provides IRM Energy with a secure source of natural gas. This will help them meet the growing energy demands of their industrial and commercial clients. The stable supply is essential for businesses that rely on natural gas for their operations. By securing this volume of RLNG, IRM Energy demonstrates its proactive approach to energy procurement. This ensures reliability for its customers.

The partnership with Shell Energy India, a global energy major, adds credibility and stability to IRM Energy’s supply chain. It also reflects the increasing collaboration between domestic energy companies and international players to strengthen India’s energy infrastructure. The focus on RLNG aligns with India’s broader strategy to increase the share of natural gas in its energy mix. Natural gas is considered a cleaner alternative to traditional fossil fuels. This agreement represents a positive step towards achieving India’s clean energy goals. It also underscores IRM Energy’s commitment to providing reliable and sustainable energy solutions to support economic growth in the regions it serves. The deal's five-year duration offers a degree of certainty in a dynamic energy market. It allows IRM Energy to plan and invest with a clear outlook on its gas supply.