GAIL (India) update on Varanasi City Gas Distribution network

GAIL (India) update on Varanasi City Gas Distribution network

GAIL (India) announced that the Prime Minister Narendra Modi on 14 July 2018 dedicated to the Nation the Varanasi City Gas Distribution (CGD) network which will supply environment friendly natural gas to households, transport sector and industries in the city through the ‘Pradhan Mantri Urja Ganga’.

Adani, GAIL among 400 bidders for city gas licenses

Adani, GAIL among 400 bidders for city gas licenses

Billionaire Gautam Adani’s gas retailing unit is among firms that submitted 400 bids for the 86 areas the Indian government offered in its latest auction for city-gas licenses. Adani Gas Ltd bid for 32 licenses, chief executive officer Rajeev Sharma said on Wednesday, while its joint venture with Indian Oil Corp. (IOC) bid for 20.

GAIL’s fourth quarter net profit grows fourfold to Rs 1021 crore.

GAIL’s fourth quarter net profit grows fourfold to Rs 1021 crore.

State-run gas utility GAIL (India) Ltd on Thursday reported a fourfold increase in the company’s standalone net profit to Rs 1,021 crore of the fourth quarter ending March 2018. The company had posted a net profit of Rs 260 crore in the corresponding quarter a year ago and had incurred an impairment of investment cost of Rs 788 crore.

First Phase Of Pradhan Mantri Urja Ganga Project Likely To Be Completed Before Scheduled Target Of Dec 2018 : GAIL India Ltd.

First Phase Of Pradhan Mantri Urja Ganga Project Likely To Be Completed Before Scheduled Target Of Dec 2018 : GAIL India Ltd.

GAIL (India) Limited has placed pipe laying orders of Rs 780 crs for approx. 530 Kms for pipeline connectivity from Bokaro (in Jharkhand) to Angul (in Odisha) Jagdishpur-Haldia & Bokaro-Dhamra Natural Gas Pipeline (JHBDPL) project. With these awards, major contracts of the project, i.e. pipe supply and laying contract orders for 2200 Kms have been finalized.

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