Tuesday, February 15 2005 19:53 Hrs (IST) - World Time -

New Delhi: State-owned GAIL and Infosys on Tuesday (Feb 15, 2005) announced that they have entered into an agreement to jointly develop information technology solutions in the retail gas business.

"The MoU aims at developing and commercialising the software to manage the retail natural gas business across all categories of customers worldwide," a GAIL release said.

The initiative would include development of IT solutions for system safety management, system integrity management and customer services.

The two companies would also jointly impart training to clients on the use of software and other services. Infosys and GAIL would form a joint working group to work out the modalities of creating a software solution for the retail gas/ liquefied petroleum gas market.

Proshanto Banerjee, GAIL chairman and managing director said, "We are pleased to partner with Infosys Technologies because of their rich domain understanding of the energy industry, expertise in building software solutions and their execution excellence."

Synergies between the two companies will help create business solutions that address the pain points of our customers globally, he added.

Commenting on the partnership, Infosys Technologies CEO Nandan M Nilekani said, "Infosys' focus is on developing industry-specific solutions to better respond to customers' needs.

By working with GAIL, we will be able to leverage their knowledge of the retail gas business and together create solutions to provide GAIL's customers a competitive edge."