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Latest Articles in gail

GAIL To Invest Over Rs 45,000 Cr To Create Infra For Gas-based Economy

GAIL's push for the creation of infrastructure is in line with Prime Minister Narendra Modi's vision of creating a gas-based economy that is less reliant on polluting fuels for meeting its energy needs.

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Equity Indices Scale New Highs Ahead Of GST Council Meet, IT And Metal Stocks Shine

41,474 while the Nifty 50 gained by 33 points at 12,198. At the National Stock Exchange, Nifty IT up by 0.86 per cent and metal by 0.83 per cent.

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Equity Indices Open Higher Tracking Positive Global Cues

Automakers Maruti Suzuki, Tata Motors and Eicher Motors gained by 1.3 per cent, 1.1 per cent and 1 per cent respectively while IT major added gains of 1.6 per cent at Rs 725.25 per scrip.

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ONGC Considers Buying Out Rest Of Petrochemical Project

ONGC Petro additions Ltd (OPaL), majority-owned by ONGC, is primarily a polymer manufacturer, a chemical compound used in everything from textiles to plastics and packaging.

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GAIL To Invest Rs 45,000 Crore In Expansion Of Pipelines, City Gas Network

GAIL currently operates 11,000-km of pipeline network and markets two-thirds of all natural gas sold in the country.

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Shell Exits City Gas Business In India, Sells MGL Stake In Open Market

Shell exercised its option to exit MGL as the lock-in period for minimum promoter holding expired last month.

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Gail India Offers US LNG Cargoes For Oct-Dec: Sources

The Indian importer has 20-year deals to buy 5.8 million tonnes a year of US LNG, split between Dominion Energy's Cove Point plant and Cheniere Energy's Sabine Pass site.

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CBI Opens Probe Into Rolls-Royce's Dealings With Three State Firms

In an emailed statement, a Rolls-Royce spokesperson said that the police report related to the use of intermediaries by company’s erstwhile energy business in India, and that no current employee had been involved in those deals.

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India Aims To Split GAIL Within A Year To Open Up Gas Sector

GAIL already keeps separate accounts for its gas pipeline and marketing businesses, making it easier to split them into two entities before a change of ownership

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GAIL To Import 5 MT LNG From US In FY'19

"We expect to receive about 5 million tonnes of LNG from the US next fiscal (2018-19)," the official said. This will be used for replacing the LNG that GAIL currently buys from the spot or current market as well as on short-term contracts

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ONGC May Sell IOC, GAIL Stakes To Fund HPCL Acquisition

ONGC holds 13.77 per cent stake in India's biggest refiner IOC, which at today's market price is worth about Rs 26,600 crore. It has another 4.87 per cent stake in GAIL India Ltd, worth Rs 1,637 crore

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Reliance Industries Outbids GAIL To Buy All Its Own CBM Gas

In the latest bidding for up to 3 million standard cubic metres per day (mmscmd) of gas to be produced during October 2017 and March 2021, RIL quoted USD 6.26 per mmBtu at the current oil price, according to bid documents

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GAIL Plans To Set Up Petrochemical Complex In Andhra Pradesh

According to the minutes of meeting of an expert appraisal committee under the Environment ministry, the EAC has recommended permission for preparing terms of reference for preparing required reports with regard to the environment management and impact, for the project

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Coca-Cola Beverages To Source 40% Of Its Energy Requirements From Renewable Sources By 2018 End

The Company recently signed an agreement with Atria Solar Power Pvt Ltd, to procure 30 million units of solar power per annum, for its two factories in Karnataka

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Mission: Clean Air For All

The campaign titled ‘Hawa Badlo’ — conceptualised by GAIL’s creative agency Handyyman — is in line with the brand’s commitment to improve air quality with collective societal effort under its Swachh Air Mission initiative

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