GAIL is planning to terminate Rs 270 crore pipe laying contracts it awarded IL&FS last year as the financially-troubled contractor is unable to make progress, delaying the Prime Minister’s pet pipeline project that would take natural gas
Shares of GAIL (India) hit a three-month low of Rs 322 apiece, down 5 per cent on the National Stock Exchange (NSE) on Monday on concerns of weak December quarter earnings.
State-owned GAIL (India) Limited, the country’s largest state-owned natural gas processing and distribution company, plans to pump in an additional Rs 5,000 crore for the construction of pipelines to supply gas and CNG in West Bengal in the next five to six years.
Matix Fertilizers and Chemicals is banking on GAIL India’s Pradhan Mantri Urja Ganga pipeline for restarting its idle coal-bed methane-fired fertiliser plant in West Bengal and escape insolvency resolution.
Bihar cabinet on Tuesday gave its nod for transferring 1.5 acres of land to GAIL India for setting up a CNG station at Phulwarisharif in Patna. The land will be transferred to GAIL India on the payment of Rs 46.40 cror
Gail (India) is seeking a liquefied natural gas (LNG) cargo for delivery in late January to February, two industry sources said. The cargo is for delivery over January 20 to February 5 on a delivered ex-ship (DES) Dabhoj/Dahej basis, one of them said.
When the Central government authorised GAIL Gas Ltd to start city gas distribution (CGD) network in Sonepat in June 2009, it was anticipated that it will be the first city in North India to get piped gas connections.
Anjani Kumar Tiwari assumed the Board position in GAIL (India) Limited as Director (Finance) on Saturday. Before assuming charge as Director (Finance), Mr Tiwari was the Officer on Special Duty and Executive Director
Gail India is proposing to swap three liquefied natural gas (LNG) cargoes across the first quarter of next year, trade sources said on Friday. The Indian importer has 20-year deals to buy .8 million tonnes a year of U.S. LNG
At Deoghar, Sheikhpura and Jamui districts GAIL (India) announced that the company’s Jagadishpur Haldia – Bokaro Dhamra pipeline project, also popular as ‘Pradhan Mantri Urja Ganga’