Petronet LNG Launches MC2 Foundation for Energy Sector Innovation
Petronet LNG Limited has established the MC2 Foundation to drive innovation and entrepreneurship in the energy sector. The foundation will focus on promoting start-ups and enhancing innovation infrastructure in line with India's energy transition goals.
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Petronet LNG Limited incorporated the MC2 Foundation on April 3, 2026, with the official Certificate of Incorporation received on April 17, 2026. This wholly-owned subsidiary aims to strengthen innovation infrastructure and support start-ups in the energy sector, emphasizing mentorship, research translation, and capital mobilization.
The inaugural directors include key figures from Petronet LNG and other major corporations. The foundation's initiatives align with India's national development and energy transition objectives, potentially enhancing the growth of the energy start-up ecosystem and advancing policy frameworks.
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