Petronet LNG Incorporates MC2 Foundation as Wholly-Owned Subsidiary for Energy Sector Innovation

Petronet LNG Limited has incorporated MC2 Foundation as a wholly-owned subsidiary on 3rd April 2026, receiving the Certificate of Incorporation on 17th April 2026. Established as a Section 8 company limited by guarantee, MC2 Foundation will serve as a dedicated mechanism for strengthening innovation and sustainable entrepreneurship in the energy sector. The foundation's board includes senior executives from major energy companies and will focus on fostering startups aligned with India's energy transition priorities through mentorship, research translation, and ecosystem integration.