GAIL rises ~1% after launching online portal

GAIL rises ~1% after launching online portal

AIL (India) recently launched an online portal allowing third-parties to book natural gas capacity online. The company which owns 70% of the nation’s network, that is, 11,400km of natural gas pipelines, has allowed third-party access to natural gas pipelines since 2004.

Coal India achieves 95% of production target for FY18

Coal India achieves 95% of production target for FY18

Coal India Ltd (CIL) has reported a production of 44.8mn tonnes for the month of April 2018, an increase of 16.7% yoy for the month of April 2018. Offtake for the month stood at 51mn tonnes, an increase of 12.9% yoy. This marks a 96% achievement of the company’s monthly production target and a 90% achievement of the monthly offtake target.

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