The MoU envisages the development of a 1.27 MMTPA urea manufacturing facility in Andhra Pradesh’s Srikakulam district along the Srikakulam-Angul Natural Gas Pipeline (SAPL). GAIL (India) Ltd has signed a memorandum of understanding with farmer cooperative major Krishak Bharati Cooperative Ltd (KRIBHCO) to explore the development of a gas-based fertiliser project in Andhra Pradesh, marking...
Tag: GAIL
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SK Sinha Appointed Director Finance at GAIL, Bringing Three Decades of Expertise
In a long career, Sinha has played a pivotal role in strengthening GAILās financial systems, enhancing investor engagement, and driving strategic financial decision-making. SK Sinha on Wednesday assumed charge as Director Finance of GAIL (India) Ltd, Indiaās integrated energy major. Before joining the companyās board of directors, he served as Executive Director of Finance &...
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Chhattisgarh, GAIL Ink MoU for 1.27āMillionāTon GasāBased Fertiliser Plant
GAIL prepares to greenlight a mega fertiliser plant after a technoāeconomic evaluation along its MumbaiāNagpurāJharsuguda Natural Gas Pipeline (MNJPL) corridor. The Government of Chhattisgarh and GAIL (India) Ltd have joined hands to develop a greenfield gasābased fertiliser project in the state. A nonābinding memorandum of understanding (MoU) was signed in the presence of Chhattisgarh Chief...
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ONGC Begins Gas Sales from Chinnewala Tibba Block, Boosting Rajasthanās Energy Grid
The Chinnewala Tibba block, a discovered small field under the Rajasthan Kutch Onland Exploratory Asset, spans 73 sq km near the Indo-Pak border and marks a strategic addition to ONGCās production portfolio. Indiaās largest oil and gas explorer, Oil and Natural Gas Corp. (ONGC), has commenced natural gas sales from its Chinnewala Tibba field in...
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GAIL Posts Q1 FY2026 Revenue of ā¹3,479 Billion Amid Sustainability Push
GAIL posts flat Q1 results but leans into future readiness through major capex and sustainability benchmarks. GAIL (India) Ltd reported revenue from operations of ā¹3,479 billion in Q1 FY2026, marking a 3 per cent increase over ā¹3,369 billion in Q1 FY2025. Profit before tax (PBT) declined to ā¹253 billion from ā¹364 billion, while profit after...
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GAIL, OIL Extend 15-Year Gas Supply Pact for Rajasthan Fields
The supply deal for up to 900,000 SCMD of natural gas from Oil Indiaās Rajasthan fields to GAIL is set to boost domestic production, streamline transportation, and expand distribution, reinforcing energy security and improving access. Indiaās largest natural gas supplier GAIL India and Oil India Ltd have extended their existing gas sale and purchase agreement...
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GAIL India to add 5,500 km gas pipeline
In order to boost its capacity by 50 per cent in the coming three years, GAIL India plans on adding 5,500 km gas pipeline.
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Post Budget Analysis | OIL & GAS
Provision of revenue expenditure/subsidy for sensitive petroleum products of ~Rs 217 billion for FY2019 and 2018v19 (BE), excluding allocation of new LPG connections to poor families.
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Do or Divest!
With a disinvestment target of raising Rs.72,000 crore this fiscal, the government is all set to rule Dalal Street with Rs.18,000 crore worth of Initial Public Offerings (IPOs).
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GAIL Q3 net profit up 46 per cent
GAIL has posted a 46 per cent rise in third-quarter profit aided by a boost in the petrochemicals business.
Profits rose to Rs 983 crore in the October-December quarter from Rs 676 crore a year ago. Sales fell 9 per cent to Rs 12,294 crore on a drop in natural gas sales. The revenue from natural gas marketing dropped by 20 per cent to Rs 9,414 crore and profit fell 38 per cent to Rs 300 crore in the quarter.