Keyword : GAIL

Foreign investors sell Rs 5,000 cr of PSU stocks in Q2

Foreign institutional investors (FIIs) sold equity shares worth nearly Rs 5,000 crore in public sector undertakings (PSUs), including banks, in the July–September quarter, while domestic inst

Jharkhand government, GAIL ink MoU for natural gas supply

The Jharkhand government has cleared deck for commissioning work for the 450km natural gas pipeline in the state under the energy highway project.  The Raghubar Das-led NDA government signed a

GAIL tops carbon disclosure index list in PSUs

State-owned natural gas processing and distribution company GAIL (India) Limited has topped the public sector undertakings in the Carbon Disclosure Leadership Index (CDLI) released by Carbon Disclo

Evening digest: SC stay on order for permanent commission to women in navy

The Supreme Court today stayed the operation of the Delhi High Court order which directed the navy to give permanent commission to all women officers serving the marine force as short service commi

GAIL to tie up with US firm for new gas power generation technology

State-owned GAIL (India) Ltd will tie up with California-based firm Bloom Energy Corp. on Monday to pursue natural gas-based fuel cell power generation, a new technology.  

Capital grant approved for GAIL to develop gas infrastructure

 The cabinet on Wednesday approved capital grant to GAIL to develop gas infrastructure in eastern India.  The Cabinet Committee on Economic Affairs, chaired by prime minister Na

Demonetisation adversely impacts GAIL

 In what could be seen as a direct impact of demonetization on the transport sector, huge inventories have piled up at Gas Authority of India Limited’s (GAIL) petrochemicals facilities a

GAIL approves issuance of bonus shares, interim dividend

The gas authority of India limited (GAIL) — a Maharatna PSU has recommended issuance of one bonus share for every three equity shares held of Rs 10 each fully paid up, subject to shareholde

A mirage called disinvestment

The government is getting ambitious. It wants to divest some PSU shareholding and raise a staggering Rs 72,500 crore during the 2017-18 fiscal. The mood is upbeat among finance ministry mandarins d

CGD project launched in Bhubaneswar, Cuttack

Union minister Dharmendra Pradhan has launched the implementation of City Gas Distribution (CGD) project in Bhubaneswar and Cuttack. The event marked an important step towards develo

RSGL, GAIL Gas to set up gas infra in Rajasthan

In a significant step towards setting up of retail gas infrastructure in Rajasthan and opening CNG corridors to connect key cities, a business transfer agreement (BTA) was signed between Rajastha

GAIL awards pipeline laying work contracts in Kerala

In order to strengthen natural gas pipeline network in Kerala, GAIL (India) Limited, a Maharatna enterprise, has awarded contracts for pipeline laying work of the Kochi–Koottanad–Mangal

GAIL clocks 57% rise in profit after tax in 2016-17 FY

GAIL (India) Limited has registered 57 percent rise in profit after tax (PAT) for the 2016-17 fiscal with the PAT increasing to Rs 3,503 crore from Rs 2,226 crore in the last fiscal.

GAIL begins building Kerala stretch of gas project

 Maharatna enterprise GAIL has said that despite facing initial hurdles, the Kerala stretch of the Kochi – Koottanad – Mangaluru-Bengaluru pipeline project will gain impetus with c

Myanmar gets diesel from India

 The first consignment of 30 metric tonnes (MT) of high speed diesel (HSD) was sent from India to Myanmar by land route.  Numaligarh Refinery Ltd. (NRL), which has been supplyin

Bhubaneswar gets PNG supply

 Gas Authority of India Limited (GAIL) has commenced the supply of environment-friendly piped natural gas (PNG) to 255 houses in Bhubaneswar. Minister for petroleum and natural gas and skill d

Oil PSUs create corpus of Rs 320 crore to support start-ups

 Ten public sector undertakings of ministry of petroleum and natural gas, including IOCL, ONGC, EIL, OIL, NRL, BPCL, HPCL, GAIL and MRPL, have created a corpus of Rs 320 crore to support start

Uttar Pradesh to support GAIL to expedite projects

 Gas authority of India limited (GAIL) has sought support from the Uttar Pradesh government for expeditious implementation of piped natural gas (PNG) connectivity and compressed natural gas (C

GAIL clocks 42% rise in profit after tax in Q2

GAIL (India) Ltd has registered a 42 percent increase in profit after tax (PAT) in the second quarter of the current fiscal. The enterprise gave attributed better performance by liqu

GAIL hosts oil and gas conclave

 GAIL Limited organised two day-long oil and gas health safety and environment (HSE) conclave for oil and gas enterprises on Friday at Noida GAIL director (projects) and chairman of

GAIL fast tracks implementation of Pradhan Mantri Urja Ganga project

 GAIL has awarded a contract for laying 520 km gas pipeline connectivity from Dobhi (Bihar) to Durgapur (West Bengal), including 120 km line to Jamshedpur (Jharkhand). With these awards, major

GAIL commissions India’s second largest rooftop solar PV

GAIL (India) Limited commissioned India’s second largest rooftop solar photovoltaic (PV) power plant at its Petrochemical Complex at Pata, Uttar Pradesh. The 5.76 mega watt pea

GAIL’s natural gas pipeline damaged, accident averted

A natural gas pipeline of GAIL (India) Limited was recently damaged due to unauthorised digging work at Vadodara, leading to gas leakage. GAIL said that the leakage was quickly stopped and there we

GAIL commences gas pipeline work in West Bengal

GAIL (India) Limited has kicked off pipeline construction work in West Bengal to provide gas supply to Matix Fertilizers, Durgapur. The project is being executed as a part of Pradhan

GAIL places order for 350 km Vijaipur–Auraiya spurline

GAIL (India) has placed an order of Rs 440 crore for laying of 350 km of pipeline from Vijaipur in Madhya Pradesh to Auraiya in Uttar Pradesh. This is a part of the spurline of aroun

First phase of PMUG project likely to be completed before deadline

GAIL (India) Limited has placed pipe laying orders of Rs 780 crore for around 530 km of pipeline connectivity from Bokaro to Angul for Jagdishpur-Haldia & Bokaro-Dhamra Natural Gas Pipeline (JH

Five oil PSUs ink JV pact for north east gas grid

A joint venture agreement was signed amongst five petroleum and natural gas PSUs namely IOCL, ONGC, GAIL, OIL and NRL in Guwahati for executing the north-east natural gas pipeline grid project. It

Railways to save Rs 20 cr annually by using natural gas in workshops, production units

The chairman of the railway board Ashwani Lohani has directed officials to connect all 54 workshops, production units, residential colonies, training institutions and IRCTC base kitchens of the rai

Online portal for carrier capacity booking on GAIL’s pipelines unveiled

To facilitate gas trading on hub or exchange traded platforms in India, minister for petroleum and natural gas Dharmendra Pradhan recently unveiled an online portal to enable easy, efficient and tr

GAIL Gas, EESL ink pact for use of natural gas in industrial and commercial segments

 GAIL Gas Limited, a GAIL’s subsidiary and Energy Efficiency Services Limited (EESL) have signed an agreement for speeding up implementation of co-generation and tri-generation projects

GAIL expedites Jagdishpur-Haldia and Bokaro-Dhamra pipeline project work

 Stepping up the momentum for construction of the Jagdishpur-Haldia and Bokaro-Dhamra natural gas pipeline (JHBDPL) and Barauni – Guwahati Pipeline (BGPL) pipeline, GAIL (India) has wind

GAIL to monetise assets worth Rs 4,000 crore

GAIL has said that it expects to monetize Rs 4,000 crore of its assets in the FY 2022-23.The state-owned company saw an increase of 6% sales demand last year and expects a stable 6% to 8% sales gro

Russia-Ukraine war affects GAIL’s profit despite highest revenue

GAIL (India) Ltd has reported Revenue from Operations of Rs 1,44,302 crore in FY23 as against Rs 91,646 crore in FY22. Profit before Tax (PBT) in FY23 stood at Rs 6,584 crore as against Rs 13,590 c

GAIL ties up with LanzaTech Global for recycling carbon waste

GAIL (India) Limited and LanzaTech Global, Inc., USA have announced a strategic partnership to explore bio recycling carbon waste into fuels and chemicals. GAIL and LanzaTech will ex

GAIL Q1 revenue, profit numbers go down Y-o-Y

GAIL (India) Limited has reported revenue from operations of Rs. 32,227 crore in Q1 FY24 as against Rs. 37,572 crore in Q1 FY23. Profit before Tax (PBT) in Q1 FY24 stood at Rs. 1,889 crore as again

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


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