Dubai’s GP Global bags Hindalco order for biomass boiler
UAE-headquartered GP Global is set to provide non-conventional energy solutions to Indian industries. The oil and gas trading firm is setting up a biomass boiler for metals major Hindalco Ltd, even as it is in talks with pharmaceuticals and ceramics players, among others, to provide similar solutions.
GP Global (formerly Gulf Petrochem Group) is exploring non-conventional energy sectors to strengthen its position in the Indian market, said a top company official.
“India is a market which is close to the heart of GP Global. Biomass is one of the strategic decisions by the group to further its presence in India. So, to grab this opportunity at this point of time, we decided to start our biomass journey from India,” Prerit Goel, Director at GP Global, told BusinessLine over the phone.
