GAIL

Diesel-guzzler Indian Railways turns to natural gas to cut costs

Using natural gas will be about 25 percent cheaper than the alternative fuels used by the railways at workshops and production units.

Aug 30, 2018, 19:56 PM IST

PM Narendra Modi dedicates Varanasi gas distribution project to the nation

Prime Minister Narendra Modi on Saturday dedicated to the nation the Varanasi City Gas Distribution (CGD) network which will supply environment friendly natural gas to the city's households, transport sector and industries.

Jul 14, 2018, 20:15 PM IST

Russia's Gazprom begins LNG supply to India

The LNG cargo was received by Oil Minister Dharmendra Pradhan.

Jun 04, 2018, 16:53 PM IST

With eye on all-electric car fleet, India begins massive LNG import from Russia

After the US, Russia on Wednesday began supplying LNG to India under a long-term deal as world's fourth-largest buyer of liquefied natural gas (LNG) diversifies import basket to meet its vast energy needs.

Jun 04, 2018, 16:17 PM IST

'Bharat 22' ETF likely to hit market on Nov 15

The state-owned companies or PSUs that will form part of the new ETF are ONGC, IOC, SBI, BPCL, Coal India and Nalco.

Oct 30, 2017, 14:49 PM IST

Indian Oil willing to buy GAIL or Oil India- Exec

Indian Oil also plans to open offices in Bangladesh and Myanmar in the next 4-6 months.

Oct 09, 2017, 13:59 PM IST

ONGC may sell IOC, GAIL stakes to fund HPCL acquisition

He ruled out making an open offer to minority shareholders of HPCL post acquiring government's 51.11 per cent stake.

Sep 28, 2017, 15:41 PM IST

GAIL swaps 60% of US LNG volumes: Chairman Tripathi

Under the time-swap deals, the company will buy LNG from international companies this year and sell equivalent amount of Henry Hub-indexed volumes during 2018-19.

Sep 12, 2017, 14:38 PM IST

GAIL India first-quarter profit falls, beats estimates

State-run gas utility GAIL (India) Ltd posted a 23 percent fall in first-quarter profit on Thursday, but beat analysts` expectations.

Aug 10, 2017, 17:47 PM IST

Indian Oil, GAIL to take 49% stake in Adani Group's Dhamra LNG project

State-owned refiner Indian Oil Corporation (IOC) and gas utility GAIL India Ltd Wednesday signed pacts to take 49 percent stake in Adani Group's Rs 6,000-crore Dhamra LNG project in Odisha.

Sep 21, 2016, 17:55 PM IST

Centre gives Rs 5.1K cr to link Eastern India with gas grid

The Centre approved Rs 5,176 crore for funding the JHBDPL gas pipeline project, which will connect eastern part of the country with the national grid.

Sep 21, 2016, 15:41 PM IST

Adani group offers 49 per cent stake in Dhamra LNG project to IOC, GAIL

 Adani Group has offered 49 per cent stake in its Rs 5,000-crore Dhamra LNG project in Odisha to state-run gas utility GAIL India and refiner Indian Oil Corporation (IOC).

Mar 27, 2016, 10:26 AM IST

SCI cautious, plans only Rs 700 crore capex in FY'17

The LNG project is the USD 1.2-billion order from state-owned GAIL for chartering nine LNG vessels.

Mar 20, 2016, 12:46 PM IST

GAIL Q3 net profit rises 10% to Rs 664.26 crore

GAIL India Ltd, the country's biggest natural gas supplier, today reported a 10 percent rise in its December quarter net profit on spike in margins and exemption from payment of fuel subsidy.

Feb 09, 2016, 19:25 PM IST

GAIL extends bidding deadline for USD 7-billion LNG carriers

State gas utility GAIL India has extended last date of bidding for its USD-7 billion tender for hiring nine newly built ships for ferrying LNG from the US by over two months to allow Indian shipyards to tie up technology for building the specialised vessels.

Dec 22, 2015, 18:43 PM IST

GAIL, ISRO join hands to monitor pipeline through special portal

 Enhancing its pipeline security through an eye in the space, GAIL (India) Ltd on Thursday said it has joined hands with National Remote Sensing Centre (NRSC), an arm of Indian Space Research Organisation (ISRO), for the purpose.

Nov 27, 2015, 00:29 AM IST

Sensex jumps over 200 points to regain 26,000-level; Nifty tops 7,900-mark

The NSE Nifty was also trading up at 62.65 points or 0.80 percent at 7,905.40.

Nov 20, 2015, 11:48 AM IST

HPCL, GAIL eye petrochemical plant in Andhra Pradesh

State-owned refiner Hindustan Petroleum Corp Ltd (HPCL) and gas utility GAIL India Ltd are looking at jointly setting up a multi-billion dollar petrochemical plant in Andhra Pradesh.

Nov 02, 2015, 18:49 PM IST

Govt may seek special dividend from top PSUs to meet tax deficit

Companies like Coal India Ltd, NTPC, ONGC, GAIL, IOC etc may be asked to pay special dividend if government decides so.

Oct 07, 2015, 22:10 PM IST

Wary of risks, GAIL to take 10% stake in TAPI pipeline

India will pay heed to the risks attached to the US-based USD 10 billion Turkmenistan- Afghanistan-Pakistan-India (TAPI) natural gas pipeline, and has decided to take only up to 10 percent stake in the 1,800-kilometre line project. 

 

Oct 04, 2015, 11:34 AM IST