Union Oil Minister M Veerappa Moily underscored the need to raise prices of fuel in the domestic market given the huge payment for imports of crude oil into India. Speaking to reporters on the sidelines of the signing of a gas transmission agreement between GAIL (India) and Karn
Tag: GAIL
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Net profit of GAIL rises 18%
The net profit of state-run gas transmission major GAIL grew 18 percent to Rs 1,285 crore during Oct-Dec 2012 quarter. The rise in the bottomline is attributed to a low subsidy burden and good performance of its petrochemicals division after a recent expansion
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Net profit of GAIL rises 18%
The net profit of state-run gas transmission major GAIL grew 18 percent to Rs 1,285 crore during Oct-Dec 2012 quarter. The rise in the bottomline is attributed to a low subsidy burden and good performance of its petrochemicals division after a recent expansion
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Minister commissions Gail’s 1,000 km pipeline project
Recently, Union Petroleum minister M Veerappa Moily commissioned the 1,000-km-long pipeline set up by public-sector gas transmission major GAIL to transport natural gas from Dabhol in Maharashtra to Bangalore. Following this, GAIL started delivering gas to its customers in Bangalore through the pipeline. Toyota Kirlo
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Minister commissions Gail’s 1,000 km pipeline project
Recently, Union Petroleum minister M Veerappa Moily commissioned the 1,000-km-long pipeline set up by public-sector gas transmission major GAIL to transport natural gas from Dabhol in Maharashtra to Bangalore. Following this, GAIL started delivering gas to its customers in Bangalore through the pipeline. Toyota Kirlo
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Indian delegation may sign deal with French firm
An Indian delegation led by Petroleum Ministry M Veerappa Moily to the US would discuss and sign the proposed memorandum of understanding (MoU) between GAIL India and FranceÂ’s EDF, reports suggest. GAIL wants to rope in the French firm in order to facilitate gas trading and sourcing in the US. Going forward, GAIL wants the partnership to acquire shale gas ass
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Govt set to award Maharatna status to BHEL, GAIL
The high-level secretaries' panel headed by Cabinet Secretary Ajit Kumar Seth approved the proposal to award BHEL and GAIL the coveted Maharatna status. The status would give these public sector units greater financial autonomy. Agency reports indicate that the central government would issue formal orders to this e
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GAIL revives Rs 75.9 bn gas pipeline project
Reports indicate that Gas Authority of India (GAIL) has revived the much delayed Rs 7,596 crore Jagdishpur-Haldia gas pipeline gas pipeline project. It is learnt that the groundwork for the project, which was sanctioned in 2007, is yet to start. The project was sanctioned almost 5 years ago. However, first a glitch over gas availability led to delay in exec
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JHPL project to be synchronised with gas demand
Ministry of Petroleum & Natural gas or GAIL informed that the completion of Jagdishpur-Haldia Pipeline (JHPL) project would be synchronised with gas demand of the prospective customers and the availability of gas from the east coast. The gas sources considered for JHPL were D-6 gas through Kakinada – Haldia pipeline, ONGC Mahanadi and CBM from Shadol. This information was given by the Minister of State for Chemicals and Fertilisers, Srikant Kumar Jena in a written reply
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Gail-TN JV to invest Rs 10,000 cr in power plant
Tamil Nadu Industrial Development Corporation (Tidco) and Gail (India) will form a joint venture to set up a power plant and pipeline infrastructure to carry LNG. The new company will make an investment to the tune of Rs 10,000 crore over the next five years.