Friday, Mar 29, 2024 | Last Update : 10:12 AM IST

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Cabinet to consider splitting GAIL; pipeline business not to be sold before 2022

GAIL's marketing business formed 76 per cent of its 2018-19 total sales and about 30 per cent pre-tax profit.

15 Oct 2019 11:06 AM

GAIL to invest Rs 45,000 cr in expansion of gas pipelines

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

20 Aug 2019 3:57 PM

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.

20 Aug 2019 2:58 PM

GAIL posts 20 per cent rise in Q4 net profit; declares 1:1 bonus

Revenue rose to Rs 18,763.87 crore in the fourth quarter of 2018-19 fiscal year when compared with Rs 15,430.69 crore.

27 May 2019 2:27 PM

GAIL emerges as highest bidder for IL&FS wind power plants

The bidding process to these assets having 12 sites spread across seven states was launched in November last year.

23 Apr 2019 9:32 AM

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GAIL, BHEL sign pact for development of solar power projects

GAIL commands 75 per cent market share in gas transmission and has a gas trading share of over 50 per cent in India.

30 Mar 2019 10:17 AM

Essar Oil & Gas gets environment clearance to begin shale gas exploration

Essar has already signed an agreement to sell entire production from Raniganj East CBM block to state gas utililty GAIL India Ltd.

03 Mar 2019 2:58 PM

GAIL move NCLT seeking rejection of ArcelorMittal bid for Essar Steel

Operational creditors, under the plan, are to get just Rs 214 crore against the outstanding of Rs 4,976 crore.

19 Nov 2018 1:50 PM

Govt plans to end anti-competitive, complex cross-holding in oil PSUs

Government divests its stake by taking the entire proceeds from sale of shares cross held by oil PSUs.

15 Oct 2018 8:46 AM

ONGC not in a hurry to offload stake in IOC, GAIL

ONGC holds 13.77 per cent stake in oil refiner IOC and 4.86 per cent in gas utility GAIL India.

02 Oct 2018 2:29 PM

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GAIL India aims to add 5,500 km gas pipeline in 3 years

Tripathi said GAIL has also booked 1.5 million tonnes a year regassification capacity at Dhamra LNG terminal in eastern Odisha state.

11 Sep 2018 5:42 PM

GAIL India says aims to add 5,500 km gas pipeline in 3 years

India wants to raise share of natural gas in its energy mix to 15 per cent in next few years from about 6.5 per cent.

11 Sep 2018 11:08 AM

GAIL to set up battery charging stations for electric vehicles

Charging stations for e-vehicles at CNG dispensing stations in a bid to diversify its portfolio beyond gas and petrochemicals.

03 Sep 2018 11:12 AM

Diesel guzzler Indian Railways turns to natural gas to cut cost

Using natural gas will be about 25 per cent cheaper than the alternative fuels used by the railways at workshops.

31 Aug 2018 8:40 AM

ONGC repays a third of loan taken to buy HPCL

ONGC had in January received government approval to sell its 13.77 per cent stake in Indian Oil Corp.

19 Aug 2018 3:58 PM

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Adani walks away with gas rights for 21 cities; BPCL bags 11 cities

Adani Gas won rights to retail CNG to automobiles and piped cooking gas to households and industries in 13 cities on its own.

12 Aug 2018 3:09 PM

Renegotiated Gazprom LNG deal to save India up to Rs 9,500 cr: Pradhan

GAIL renegotiated the terms of the 20-year deal to import 2.5 million tonnes a year of LNG.

18 Jul 2018 2:31 PM

Russia's Gazprom starts supplying LNG to India as first shipment arrives in Gujarat

India will import LNG worth an estimated USD 25 billion over the contract period of 20 years from Russia.

05 Jun 2018 1:10 PM

India to import first ever LNG cargo from Russia tomorrow

GAIL India Ltd will bring the shipload of LNG from Gazprom at Petronet LNG Ltd's import terminal.

03 Jun 2018 2:13 PM

GAIL to import only half of US LNG into India

GAIL has a deal to buy 3.5 million tonne a year of LNG for 20 years from Cheniere Energy of the US.

12 Apr 2018 1:35 PM

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