IRM Energy Limited — Important, 26-03-2025: Updates

IRM Energy Limited has executed a long-term Regasified Liquefied Natural Gas (RLNG) purchase agreement with Shell Energy India Private Limited for a period of five years. The agreement involves the purchase of approximately 1,23,21,200 MMBtu, equivalent to around 326.84 mmscm at a Gross Calorific Value of 9500 k/cal. This strategic move aims to ensure stable and cost-effective energy supplies for the company’s Industrial and Commercial customers, enhancing reliability and efficiency in operations.

With Shell’s global LNG expertise, IRM Energy is well-positioned to support the transition towards greener energy alternatives, contributing to energy security and sustainability goals in India. The CEO emphasized the importance of this agreement in facilitating economic development and clean energy adoption. This partnership marks a significant milestone in IRM Energy’s growth strategy, potentially driving long-term value creation for its stakeholders.