pocketful Page

Home

Calculator

Calculators

search

Search

whatsapp

Whatsapp

Twenty First Century Management Services Ltd

GAIL (India) Ltd

BSE : 532155|NSE : GAIL|ISIN : INE129A01019

GAIL (India) Ltd Company History

GAIL (India) is the largest state-owned natural gas processing and distribution company in India. The Company has a diversified business portfolio and has interests in the sourcing and trading of natural gas, production of LPG, Liquid hydrocarbons and petrochemicals, transmission of natural gas and LPG through pipelines, etc. GAIL has also participating interest in India and overseas in Oil and Gas Blocks.

1984
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023

1984

The Company was incorporated on 16th of August.

The Gas Authority of India Ltd. (GAIL), one of India's leading Public Sector Enterprises, is the largest gas transmission and marketing company in the Country. The Company, possessing a well developed and efficient infrastructure, was established as a wholly owned Company of

the Government of India in August, 1984 with 100% equity held by the Goverment of India and, within a short time, it has grown into one of the 'Navratna'enterprises and is ranked among the top ten companies in India. The various activities of the Company range from Gas marketing

and distribution through trunk and regional systems, to retailing of Natural Gas to Gas processing for production and marketing of LPG, liquid hydrocarbons and Petrochemicals.The equity pattern in the Company has also changed and the Government today holds about 67% of the equity in the Company.

1984

history-arrow-left

1995

GAIL was adjudged the third-best PSU and awarded the prestigious 'Indira Gandhi Rajbhasha Shield' for the year 1994-95 in the category of PSUs in Region 'A'. This award was presented by the President of India on September 14.

1995

history-arrow-left

1996

The pipeline to Mathura Refinery along with 165 kms of 36" line was commissioned on December 27, to enable supply of gas to Mathura Refinery well ahead of schedule.

For excellent performance in promoting the spread of Hindi as Official Language, GAIL was adjudged the best PSU in Region 'A' and awarded the INDIRA GANDHI RAJBHASHA SHIELD for the year 1995-96.

Two propane recovery plants at Vijaipur were commissioned to optimally utilise various components of natural gas.

Pipeline to NTPC Zanore (Phase II) and RSEB Ramgarh (Phase II) have been commissioned for gas supply to NTPC and RSEB. In addition, a number of small pipelines were also commissioned.

GAIL signed a 'Principles of Agreement' with Brown & Root Inc, USA, on March 8, for developing the project of gas import from Myanmar and other countries in the region to the east of India, for bringing gas for markets in eastern and southern regions.

The Company entered into a Memorandum of Understanding with the Ministry of Petroleum and Natural Gas.

1996

history-arrow-left

1997

The Company launched the Pilot Project for the supply of piped gas to Domestic and Commercial consumers in the city of Delhi.

The Company has entered into an MOU with the Ministry of Petroleum and Natural Gas.

1997

history-arrow-left

1998

The Company has commissioned a study to prepare a precise and crystallised vision statement, integrated with strategic business plan, growth models and annual plan perceiving the changing environment.

The Company was received well by international investors; however, due to the unexpected crash of international stock markets, international offer of the equity was deferred by the Government of India.

The Company signed an agreement with M/s National Security Depository Ltd to facilitate shareholders to trade in the shares of the Company in the dematerialised form.

During the year the gas processing unit (GPU), offsite and utilities of the Petrochemical plant at Pata were commissioned.

The Company has entered into Memorandum of Understanding (MOU) with the Ministry of Petroleum & Natural Gas for the last seven years.

The Company has set up its own Research and Technology Development (R&TD) Group to undertake research and technology development activities for optimal and effective utilisation of natural gas in the country.

1998

history-arrow-left

1999

During the year four major projects were commissioned. These are :

UP Petrochemical Complex at Pata

Gas Rehabilitation and Expansion Project (GREP)

LPG plant at Usar

LPG plant at Lakwa

The UP Petrochemical Complex at Pata was commissioned in March.

In the LPG area, the company has successfully commissioned its plants at Usar (Maharashtra) and Lakwa (Assam) with designed capacity of 139,000 tonnes and 85,000 tonnes respectively.

In Delhi, the Company has formed a Joint Venture Company with BPCL named Indraprastha Gas Limited (IGL).

The Company bagged first prize under Indira Gandhi Rajbhasha Shield Scheme for the years 1996-97 and 1997-98 for excellence in the area of implementation of the Official Language Policy.

In the area of Gas Technology, the company has signed a Joint Collaboration Agreement with AMOCO along with Indian Oil Corporation Limited (IOCL) and Indian Institute of Petroleum (IIP) for DME India project.

1999

history-arrow-left

2000

The Four production unit of the Company viz., the unit at Vijaipur, Vaghodia, Usar and its petrochemical plant in Uttar Pradesh have won the top safety award from the British Safety Council for the 1999.

Gas Authority of India Ltd (GAIL) has signed an agreement with the Karnataka State Industrial and Infrastructure Development Corporation to study the techno-economic feasibility of setting up a gas pipelin to serve various end-users in Karnataka and Kerala.

The Company will lay a high-capacity fibre-optic cable network alongside the Jamnagar-Loni liquid petroleum gas pipeline.

The Company has proposed to develop a gas network in Rajasthan for facilitating the supply of fuel for industrial and economic development in the state.

Chennai's Tamil Nadu Electricity Board has signed an agreement with Gas Authority of India, for supplying 4.5 lakh standard cubic metre of natural gas per day for the power project at Kuttalam in Nagapattinam district.

The Company has to set up the world's largest network of gas pipelines, covering the whole of Rajasthan.

The Gas Authority of India Ltd and the Tripura Natural Gas Company Ltd. signed an agreement for the supply of increased quantity of natural gas to the domestic sector in Agartala.

Gas Authority of India, the nodal gas pipeline company in the country, is diversifying into the telecom sector and has tied up with Bharti Telesonics, BPL Broadband, Shyam Telecom and Escotel Mobiles for leasing bandwidth capacity.

The company is in talks with the National Iranian Gas Company for a possible joint venture for importing and marketing of 5 million tonnes of LNG from Iran.

The Company has entered into a joint co-operation agreement with Total Gas and Power India and Tata Electric Company for the import of LNG at Trombay.

GAIL signed a $36 million deal with Gazprom of Russia for development and exploration in the north-east coast shallow water offshore in West Bengal.

GAIL and Andhra Pradesh Industrial Infrastrucure Corporation signed an MoU for supplying natural gas to the domestic and commercial consumers through pipeline under the town gas supply scheme.

Gas Authority of India Ltd. has signed an agreement with Hindustan Petroleum Corporation Ltd. for transportation of LPG along the Jamnagar-Loni pipeline.

Chairman and Managing Director of the company Mr. C.R. Prasad, has been conferred "Distinguished services" award by the National Association of Corrosion Engineers International India Section.

Gas Authority of India Ltd. and Power Grid Corporation of India (PowerGrid) have signed a memorandum of understanding for leasing out bandwidth capacity of their combined telecom network to various telecom operators.

GAIL owns and operates over 4000 km of pipeline and has about 95% market share in the Natural Gas business in India. Also, more than half of the total Urea production in India is Gas-based out of which GAIL contributes more than 90%, thus making a significant contribution to

India's agriculture sector also.

The Company plans to enter the Telecom Sector as "Carriers-Carrier" through leasing of bandwidth. The Company would be leasing the bandwidth to telecom companies using its optic fibre system available on the HBJ pipeline, the Jamnagar-Loni LPG Pipeline and by adding new optic fibre systems in various sectors. During the year 2000-2001, the company became the first company in the country to obtain the License of Infrastructure Provider - category II for leasing of bandwidth and has already commissioned the link between Delhi and Vijaipur in Madhya Pradesh.

2000

history-arrow-left

2001

The Kerala State Industrial Development Corporation will sign a `gas co-operation agreement' with Gas Authority of India Ltd. for the pipeline project from the proposed LNG terminal in Kochi.

- Gas Authority of India Ltd (Gail) has signed its first equity participation agreement for the power sector by picking up 12 per cent equity in the Gujarat State Energy Generation Ltd (GSEG).

Hindustan Petroleum Corporation Ltd (HPCL) and Gas Authority of India Ltd (GAIL) have signed a `transport service agreement' (TSA) for transportation of LPG through the Vizag-Secundrabad pipeline.

Gas Authority of India Limited (GAIL) has undertaken integrating its gas pipeline network in the country through capacity expansion and by adding new pipelines

Gas Authority of India Ltd (GAIL) has paid a dividend of Rs 227.8 crore to the Government for 2000-01.

The Centre on 29th October ruled out divestment of its stake in Oil and Natural Gas Corporation, Indian Oil Corporation and Gas Authority of India, saying these flagship companies will continue to be under its control in medium to long term. We have made it clear that government will not dilute its control in these three flagship companies in view of national oil security, union minister for petroleum and natural gas Ram Naik told.

The Company also completed the worlds longest and India's first cross country LPG Pipeline. The Company's plant at Gandhar also commenced trial production in March 2001.

The Company proposes to lay a 600 kms pipeline from Vizag to Secunderabad at an estimated cost of Rs 490 crores.

2001

history-arrow-left

2002

Mr. Ravi Saxena,Director on the Board of GAIL, passes away

GAIL, ONGC enter alliance for international practices to include both supply end and consumer end contracts

GAIL signs Memorandum of Cooperation with National Iranian Oil Company (NIOC) of Iran

Wins the two top Safety Awards from the OIl Industry Safety Directorate (OISD), for its safety performance during 1999-2000 and 2000-2001

Acquires 10% stake in gas project owned by Daewoo International

Signs an MOU with Hindustan Petroleum Corporation Ltd. for setting up a JV company for distribution of natural gas/ auto-LPG/ piped gas in the cities of Andhra Pradesh

Signs a Memorandum of Understanding (MoU) to enter into a tie-up to take up the development of a spur line and pipeline network in different towns with Greater Calcutta Gas Supply Corporation Ltd (GCGSL)

GAIL's Agartala city gas feeder pipeline inaugurated

Gail enters into energy co-operation deal with French company Gaz de France (GDF)

Enters into collaboration with Indian Oil Corporation (IOC) for providing co-operation in the field of research and development for sustained energy growth in the nation

Signs agreement with Rajasthan State Power Corporation (RSPC) for the supply of gas for the Rs 876 crore Mathania power plant, near Jodhpur

Starts Delhi-Mumbai Optical Fibre Connectivity

HPCL ties-up with Gail, ONGC to purchase LPG

Discontinues supply of Natural Gas to Kajaria Ceramics Sikandrabad plant

Approves Dahej-Uran Pipeline through Hazira

Agrees to production swap deal with Haldia Petrochemicals Ltd. (HPL)

Ties up with Hindustan Petroleum Corporation Ltd. (HPCL) for auto LPG,CNG distribution

Obtains govt nod to acquire 25-pc stake in Kakinada LNG project

2002

history-arrow-left

2003

GAIL, HPL tie up for production-cum-swap marketing deal

Ties up with Energy Infrastructure India Ltd. (EIIL) for transportation of LPG

Shell Gas BV offers 29 pc equity in two firms (Fayum Gas Company (FGC) and Shell Compressed Natural Gas Company (SCNG), located in Egypt ) to Gail

Signs co-operation agreement with Turkey-based Botas Petroleum Pipeline Corporation for joint participation in cross-country pipelines projects, development of gas processing facilities and compressed natural gas (CNG) projects in India, Turkey and third countries

Enters into a product exchange agreement with Haldia Petrochemicals Ltd. (HPL) to strengthen the marketing alliance

Clinches a deal with three fertiliser and power firms (Nagarjuna Fertiliers, Lanco Group's power project in Kondapalli and GVK's Spectrum power project, all in Andhra Pradesh) for selling natural gas from Ravva satellite fields at market price

Embarks on Rs 400 crore expansion

Strikes oil, gas near Ahmedabad in the Cambay basin

Company and the PY-1 Consortium of Mosbacher India LLC (MIL) and Hindustan Oil Exploration Company Ltd. (HOEC) have signed an agreement for gas sales and transportation

Begins laying down Dahej-Uran pipeline

Construction work of the Visakhapatnam-Secunderabad LPG pipeline gets completed before the schedule time

Shell invites Gail to take 24-pc stake in Egypt Offshore block

Union Ministry of Petroleum decides not to privatise GAIL

Shri Badal K Das Additional Secretary & Financial Advisor to Ministery of Petroleum & Natural Gas has been nominated as part time director on the Board of GAIL India Ltd wef September 2, 2003.

Sought government approval to monetise its 2.5 per cent holding in Oil and Natural Gas Corporation (ONGC).

Central government nominated Gail as monpoly builder for cross-country gas pipelines.

Naik unveils gas conservation programme

2003

history-arrow-left

2004

The fortunes of ONGC-Videsh (OVL) and Gail (India) Ltd rose today with a major gas find in the Myanmar offshore area.

Gail enters into gas cooperation agreement with UP govt

Gujarat State Petroleum Corporation inks pact with GAIL for regassified LNG

Gail and Uttar Pradesh State Industrial Development Corporation enter into agreement for gas supply

GAIL ties up with Coal India to expand Dankuni gas project

Gail in fray with BPCL over Mgmt matters in Pune Gas Joint Venture

GAIL (India) Ltd has switched over to the e-banking system installed by the State Bank of India for all its major payments.

Govt. comes out with offer for sale of upto 84,565,160 equity shares of Rs 10 each priced at Rs 195 per share

GAIL India Ltd has on April 5, 2004 signed a Development Agreement with Tata Power Company Ltd & BP to jointly participate in evaluating the Dabhol gas and power opportunity.

GAIL ties up with DuPont for sale of pipe coating system

Gail ties up with Sumitomo Chem for mosquito nets production

Gail join hands with Shell to produce Syngas

Gail India Ltd (Gail) has re-affirmed its interest in a slew of projects totalling Rs 10,450 crore in Kerala by signing a gas cooperation agreement (GCA) with Kerala State Industrial Development Corporation (KSIDC)

GAIL inks agreement with prosperous LNG customers in Kerala

GAIL acquires stake in NATGAS of Egypt

GAIL signs pact to undertake feasibility study on national gas grid

GAIL (India) Ltd, in association with Gujarat State Petroleum Corporation (GSPC), strikes oil in the Cambay basin (block CB-ONN-2000/1) in Gujarat.

GAIL India ties up with with Gasunie Engg BV of Netherlands for cooperation in the fields of engineering trading, training, research and development, pilot projects and providing energy solutions to industrial customers

GAIL sets up subsidiary company in Singapore

KMML ties up with GAIL for LNG supply

2004

history-arrow-left

2005

GAIL sign pacts with RCF for supply of gas

GAIL ties up with SAIL

NCDEX inks MoU with GAIL for natural gas spot trading

GAIL signs MoU with Spectra International on February 15, 2005

GAIL signs deals with Bangla, Iranian firms

GAIL signs MoU with SPECTRA International, Bangladesh

GAIL signs MoC with Ergo Exergy Technologies Inc

GAIL inks pact with NPC, Iran

Gail signs MOU with Cosmos of Bangladesh

GAIL inks MoU with BDCL to undertake pipeline projects in Bangladesh

Gail India Ltd and Indian Oil Corporation Ltd (IOC) sign a Joint venture agreement on May 11, 2005 for implementation of city gas projects in Agra and Lucknow.

Company successfully implements innovative "Gas Management System" (GMS), the Web Enabled system which ensures better co-ordination and total transparency for the first time in India.

Gail & BIS launches Development of National Standard & Code of Practice for Natural Gas pipeline systems

GAIL has received the coveted NPMP award in recognition of excellence in Enterprise Category for Dahej-Vijaipur Pipeline Project

GAIL joins hand with Leyland for CNG biz

Gail India & EIL signs MoC for pursuing Natural Gas business overseas

Gail India ventures into Marketing Crude Oil segment

Gail (India) has sold its first consignment of crude oil to Indian Oil Corporation's Koyali refinery in Gujarat

Gail India & IOCL form Green Gas Ltd

Gail India signs production sharing contract for two NELP V blocks

GAIL signs historic pact for equity participation in A-3 Block, Myanmar

Gail India Ltd has announced GAILTEL, RAILTEL and Power Grid Corporation have inked pact for strategic alliance to face competitive scenario in telecom business

Gail ties up with Belgian firm for LNG technology

Gail join hands with Powergrid, Railtel to create fibre network

Two plants of Gail receives British Safety Council Sword of Honour award

GAIL opens diagnostic centre

2005

history-arrow-left

2006

SP Rao appointed as Gail CMD on Aug 27,2006

Gail India Ltd has announced that Shri. Mohan R Hingnikar, the Company's Director (Human Resources) will take over additional charge as Chairman & Managing Director (CMD) of the Company on November 01, 2006. He succeeds Shri. S P Rao, CMD and Director (Projects) who superannuated from service on October 31, 2006.

Gail India Ltd has informed that Shri. Mohan R Hingnikar, the Company's Director (Human Resources) has taken over additional charge of Chairman & Managing Director on November 01, 2006. He has succeeded Shri. S P Rao, CMD & Director (projects) who superannuated from service on October 31, 2006. Shri. Santosh Kumar has joined as Director (Projects) on November 01, 2006.

Gail India Ltd has announced that the Company has received the Oil Industry Safety Directorate (OISD) Award for its Hazira- Vijaipur - Jagdishpur (HVJ) pipeline for the year 2005-06.

2006

history-arrow-left

2007

Gail India Ltd has announced that the Company has launched 'e-tendering' as its e-Governance initiatives in the Company. The e-tendering was launched on February 13, 2007 by the Company's CMD, Dr. U D Choubey in the presence of all functional Directors and senior officials of the Company.

GAIL unveils e-tendering facility.

Gail India Ltd and Reliance Industries Ltd (RIL) signing a Memorandum of Understanding (MoU) for cooperation in gas sector on March 15, 2007 .

Gail India Ltd delists securities from 'The Delhi Stock Exchange Association Limited' (DSE) with effect from March 24, 2007.

Gail India Ltd has appointed Shri. S Sundareshan, Additional Secretary, Ministry of Petroleum & Natural Gas (MoPNG), as Part-time Director (Government Nominee) of the Company, in place of Shri. Anil Razdan, Special Secretary (MoPNG).

Gail (India) Ltd has formed a joint venture with Indian Oil Corporation (IOC) for gas distribution in Kolkata and other towns.

Gail India Ltd has announced that the Company and ONGC on July 24, 2007 signed a Memorandum of Understanding (MoU) for formation of a Joint Venture.

Gail India signs MoU with Transparency International India for Integrity Pact with Contractors.

Gail India Ltd and Reliance Gas Transportation Infrastructure Ltd (RGTIL) have signed an Agreement for Transmission of natural gas from the Krishna Godavari (KG) basin.

GAIL signs Gas Cooperation Agreement with Government of Puducherry

2007

history-arrow-left

2008

The Company has issued Bonus Shares in the Ratio of 1:2.

Government awards marketing rights of PMT gas to GAIL as Government of India nominee

The 30" diameter, 576 km long Dahej-Panvel-Dabhol pipeline with a design capacity od 12 MMSCMD commissioned.

Commercial production of oil from Cambay basin blocks CB-ONN-2000/1, having equal participation by GAIL and GSPC commences.

Expansion of Petrochemical Plant at Pata for increasing capacity from 310,000 TPA LLDPE/HDPE to 410,000 TPA completed.

Brahmaputra Cracker and Polymer Limited (BPCL), subsidiary of GAIL with partners as Government of Assam, Oil India Limited for setting up 2,80,000 MT Gas Cracker Project at Lepetkata District Dibrugarh, Assam at an investment of Rs, 5,460 Crores.

MoU with Reliance Industries Limited signed for joint cooperation in petrochemicals.

GAIL forms a Joint Venture Company (JVC) with China Gas Global Energy Holdings Limited. GAIL and China Gas are equal partners in this JV which has been registered in Bermuda. This is the first Joint Venture Company of GAIL abroad. The JVC will pursue opportunities in CNG, City Gas, Pipeline, CBM, LNG and E&P projects.

GAIL signs MoU with ITERA Oil and Gas Company of Russia

GAIL and HPCL signs JV agreement for City Gas projects in Rajasthan

GAIL and Indian Oil ink MoU for JV in City Gas Distribution in West Bengal.

GAIL sets up a subsidiary (GAIL Gas Limited) for City Gas Distribution and City Corridor Business.

2008

history-arrow-left

2009

GAIL Gas limited wins the rights for rolling out city gas distribution projects in Meerut, Sonepat, Dewas and Kota.

GAIL signs gas cooperation agreements with Tamil Nadu, Himachal Pradesh, Karnataka and a MoU with IFFCO for setting up of Gas based Power Plant in Barauni.

A special commemorative postage stamp released on the occasion of GAIL's silver jubilee by Her Excellency, Smt. Pratibha Patil, President of India.

GAIL consortium is awarded one onland block in Cauvery during NELP-VII bidding round.

GAIL signs MoU with IOCL for setting up of petrochemical plant at Barauni and laid the foundation stone of the 6th gas cracker furnace at Pata plant.

GAIL establishes natural gas pipeline connectivity to Pune city gas, consumers of Usar region, City Gate stations at Noida, Greater Noida, Gurgaon and Faridabad and East-West pipeline at Oduru (A.P), Mhaskal (Maharashtra) and Ankot (Gujarat).

GAIL establishes LPG pipeline connectivity to Essar Oil Refinery at Jamnagar IOCL bottling plant at Vijaipur and Gandhar and BPCL bottling plant at Jaipur.

2009

history-arrow-left

2010

As Gail India granting plans to bring gas pipeline to Uttarakhand, the Government of Uttarakhand has urged the Centre to supply 3 million standard cubic meters per day of gas to the state and said that it was eager to set up a gas-based power plants in a joint partnership with the state-run entity.

GAIL (India) Limited has completed the route survey for its 1400 Km Dabhol - Bengaluru gas pipeline project for supplying natural gas to Karnataka.

The government of Uttarakhand said that it was setting up two gas-based plants of 500 Mw each in association with Gas Authority of India (Gail).

GAIL India Ltd has sought assured supplies of natural gas from Qatar in order to set up a $1.3 billion mega petrochemical plant with Reliance Industries in the gas-rich nation.

GAIL & MIDC form JV to lay gas infrastructure in Maharashtra.

GAIL (India) Limited today started natural gas supply to Maruti Suzuki India Limited at its Manesar plant.

Gail India bags SCOPE Meritorious Award.

MIDC plans 50:50 gas distribution infrastructure JV with GAIL

GAIL India is all set to launch its pipelines in South India.

GAIL (India) and Brahmaputra Cracker and Polymer (BCPL) have signed an agreement for marketing Polymer Products.

GAIL plans Rs 40,000 cr capex by 2014-15

GAIL looks at importing spot Liquefied Natural Gas in Nov-Dec

GAIL goes full steam on Dabhol - Bangalore Pipeline places pipeline construction orders worth Rs. 677 crore.

GAIL begins construction of Natural Gas pipeline for UP, Uttarakhand.

GAIL (India) Ltd has begun two-stage construction of a total of 182 km of natural gas pipeline in northern India.

GAIL (India) Ltd has entered into a three year agreement with Marubeni, the Japanese trading in order to buy 0.5 million tonnes of liquefied natural gas (LNG) starting in January 2011

GAIL - An intercity drive to promote clean and lean CNG as a preferred fuel option for vehicles

GAIL expansion plans - sub-sea pipeline from Kochi to Kayamkulam

GAIL - GAIL receives award for Performance Excellence

2010

history-arrow-left

2011

GAIL - ONGC and GAIL agreed to reinforce ties in areas of Natural Gas and Petrochemicals

Indian gas transportation firm Gail India ltd has agreed to the Petroleum Ministry's proposal for the pipeline companies to charge lower tariffs than approved rates.

GAIL targets for over 118 MMSCMD Gas Transmission in FY 2011-12 by signing Annual MoU with MoP&NG.

GAIL India Ltd has joined hands with AP Gas Infrastructure Corporation to emerge as a strong piped gas supplier across the state of Andhra Pradesh.

Shri R P N Singh launches Asia's First Integrated Gas Management System at GAIL

GAIL Gas Limited and Vadodara Mahanagar Sewa Sadan set up Joint Venture for City Gas Distribution

GAIL launches Asia's first integrated gas management system.

Gail join hands with Vadodara Mahanagar Sewa Sadan (VMSS) for piped cooking gas distribution.

Mr.S.Jaipal Reddy dedicates GAIL's Chainsa-Sultanpur-Neemrana pipeline to the Nation.

GAIL - GAIL conferred with "Outstanding PSU of the Year" Award

GAIL has got its Board's approval and will be soon setting up its first power plant in the country. The plant will come up at Uran in Maharashtra at an investment of around Rs 800 crore.

GAIL and KSIIDC signed JV agreement to develop Natural gas Infra and City Gas Distribution Network in Karnataka

GAIL plans capex of $2 billion to acquire gas assets in US and Australia

GAIL - Gail and UJVNL join hands to set up Gas based power generation in Uttarakhand.

State-owned gas utility GAIL India announced signing of a Memorandum of Understanding with Uttarakhand Jal Vidyut Nigam Ltd, under which it would be evaluating the possibility of setting up two gas- based combined cycle power plants in Haridwar and Kashipur, Uttarakhand.

GAIL UTKARSH - 12 crack IIT / IIT (EML), 3 qualify for ISRO, 10 qualify for AIEEE and 26 for UPTU - GAIL to increase number for free coaching to 100 students."

GAIL - GAIL gets Award for excellence in Cost Management from ICWAI

Gas Authority of India Ltd (GAIL) is considering plans to acquire 50 per cent stake in Andhra Pradesh Gas Distribution Corporation (APGDC).

GAIL - GAIL Ties up with Carrizo of USA (Acquires Shale Gas Assets in Texas).

GAIL (India) Limited has been formed with the name of "GAIL Global (USA) Inc."

Marking its first shale gas assets acquisition in the US, the state-run gas utility GAIL India said that it has bought 20 per cent stake in Carrizo Oil & Gas Inc’ Eagle Ford Shale for USD 95 million.

GAIL gets approval from West Bengal govt. for proposed JV with Greater Calcutta Gas Supply Corporation(GCGSC).

GAIL - GAIL opens office at Singapore.

Gail invests $1bn for war chest to acquire shale gas assets

Gail planning to buy BG stake in Gujarat Gas Company

GAIL gets rights from Petroleum and Natural Gas Regulatory Board (PNGRB) to lay Surat-Paradip pipeline

Gail acquires stake of Carrizo in Eagle Ford Shale

GAIL - GAIL is world's no. 1 Company in Downstream Operation

GAIL bags $ 100 mn loan from Bank of Tokyo-Mitsubishi UFJ.

GAIL has signed a Sales and Purchase Agreement (SPA) with Sabine Pass Liquefaction, LLC to buy 3.5 million tonnes LNG for next 20 years.

GAIL - GAIL and Cheniere, USA sign 20-year LNG Sale and Purchase Agreement

GAIL - GAIL gets Top ICSI National award for Excellence in Corporate Governance

2011

history-arrow-left

2012

GAIL India stated that its subsidiary GAIL Gas has signed an agreement to set up an Rs 5,000 crore liquefied natural gas (LNG) import facility around Kakinada or Vishakapatnam in Andhra Pradesh.

To help the fuel-starving power units in Andhra Pradesh, the state run GAIL India is likely to sign a gas deal with Reliance Industries Limited (RIL) to provide 2.5 million standard cubic meters per day domestic gas to the state.

GAIL joins hands with Excelerate Energy to import over 16 cargoes in FY13

Gas Authority of India Ltd (GAIL) is in search of various proposals for equity stakes and long-term supply contracts focusing on the United States, West Asia and South-east Asia.

GAIL targets for over 85 MMSCMD Gas Marketing and 121 MMSCMD Gas Transmission in FY 2012-13 - Signs Annual MoU with MoP&NG".

GAIL signs agreement with ITPL International Technology Park Ltd for supplying natural gas.

GAIL Gas Limited, through its joint venture APGDC, inks pact with GDF Suez LNG UK for setting up FSRU in Andhra Pradesh.

GAIL India Ltd signed a Gas Sales & Purchase Agreement (GSPA) to import gas from Turkmenistan to be transported through the TAPI pipeline.

GAIL completes joint venture formalities with Vadodara Municipal Corporation (VMC).

GAIL - GAIL and ONGC sign Collaboration Agreements.

2012

history-arrow-left

2013

State Govt approves GAIL-Vadodara Municipal Corporation(VMC) Joint Venture for piped gas connections in Vadodara

GAIL India consortium, Deep Energy secure exploration blocks

GAIL India commissions 5 mn tonne LNG terminal at Dabhol

Entered in Solar Power generation by commissioning 5 MW Solar Power Plant under Jawaharlal Nehru National Solar Mission

GAIL C&MD, Shri B C Tripathi, conferred the prestigious ‘Best LNG Executive Global Award’ for 2013 at CWC’s 14th World LNG Summit being held at Paris

Dabhol-Bengaluru Pipeline Project awarded as Premier Project in large construction category at Platts Global Energy Awards 2013

GAIL signs Gas Cooperation Agreement with Government of Bihar

GAIL and Shipping Corporation join hands for LNG Shipping

GAIL picks up Company of the Year awards in the three categories at PetroFed Awards 2012

2013

history-arrow-left

2014

Gas supply secured in US for export of 2.3 MMTPA LNG to India from Dominion Cove Point LNG Liquefaction Terminal.

MoU with RCF, CIL & FCIL executed for implementing Coal Gasification project at Talcher comprising of JV-I (coal gasification) and JV-II (Urea & Ammonia, Ammonium Nitrate, captive power plant and integrated utility).

GAIL declared the top Indian company in the ‘Gas-Processing, Distribution and Marketing’ Sector for the Dun & Bradstreet Corporate Awards 2014

GAIL adjudged ‘Best Performing Company’ (Maharatna category) at the India Today PSU Awards 2014

APGDC, GDF SUEZ, Shell and GAIL sign MOUs for the floating LNG terminal in Kakinada, Andhra Pradesh

GAIL Gas joins hands with UPSIDC to expand natural gas

2014

history-arrow-left

2015

Indian Oil and GAIL (India) Ltd, two Maharatna Public Sector Companies of India, have signed MoU with Dhamra LNG Terminal (DLTPL)

Gail (India) Ltd has signs Heads of Agreement (HoA) with the company for the procurement of natural gas

GAIL signs MoU with SDMC to provide civic services in Bhikaiji Cama Place Services

GAIL Gas Ltd and Rajasthan State Petroleum Corp, has signed an agreement for developing natural gas infrastructure in Rajasthan

Gail (India) Ltd has completed GAIL’s Jagdishpur-Haldia Pipeline Project connects Barauni in Bihar

GAIL partners TERI to develop document on climate change

2015

history-arrow-left

2016

GAIL (India) Ltd Gas Sale and Purchase Agreement (GSPA) with Petronet LNG Limited

GAIL surges over 5 pct as PNGRB revises KG Basin gas tariff

Gail starts drilling first exploratory well in Cambay basin

GAIL contributes Rs. 10.00 crores towards skill development in Andhra Pradesh

GAIL launched a natural gas awareness campaign in Haridwar

2016

history-arrow-left

2017

GAIL launches CGD project implementation in Bhubaneswar and Cuttack.

GAIL has been awarded natural gas pipeline laying work contracts for 131-km in Kerala.

GAIL launches Start-up initiative ''Pankh''.

GAIL commences 100% construction work in Kerala stretch of KKMBPL Project.

GAIL fast tracks implementation of Pradhan Mantri Urja Ganga Project Pipe laying Contracts awarded in Bihar, Jharkhand and West Bengal.

2017

history-arrow-left

2018

GAIL commissions Indias second largest rooftop solar plant.

GAIL to extend Urja Ganga gas pipeline to Guwahati.

GAIL strengthens its partnership with Gazprom.

GAIL begins pipeline work in Bengal for fuel supply to Matix.

GAIL (India) Ltd. announces bonus share issue in the ratio of 1:3.

2018

history-arrow-left

2019

GAIL inks pact with BHEL to develop solar power project.

GAIL commissions 165 km Gorakhpur pipeline project under PMUG.

GAIL hires LNG ship from Mitsui for ferrying US gas.

2019

history-arrow-left

2020

EESL, GAIL India ink MoU for 'trigeneration' projects.

2020

history-arrow-left

2021

GAIL (India) Ltd. - Purchase Of NTPC Entire Shares In Konkan LNG Ltd. And Sale Of GAIL Entire Shares.

GAIL (India) receives Moody's Baa3 rating with Stable outlook.

GAIL (India) - NCLT Granted Approval For Acquisition Of IL&FS'S Stake In OTPC By GAIL.

2021

history-arrow-left

2022

GAIL Wins Best ‘Energy Transition – Midstream Company’ Award.

Vigilance Commissioner Launches GAIL’s E-Vigilance Portal.

GAIL Integrates With UN Cop15 Patronised Global Awareness Campaign On Biodiversity, Environment & Climate Change.

GAIL Acquires 26% Stake In ONGC Tripura Power Company.

2022

history-arrow-left

2023

GAIL (India) Limited wins SAP ACE Best Financial Transformation Award 2023 for implementation of Vendor Invoice Management Systems.

GAIL And BPCL Sign Agreement For Supply Of Propane For GAIL’s Petrochemical Plant At Usar.

GAIL, LanzaTech Enter Strategic Partnership To Explore Biorecycling Carbon Waste Into Fuels And Chemicals.

GAIL Awarded Two Prestigious Awards In FIPI Oil & Gas Awards 2022.

GAIL Inaugurates State-Of-The-Art Centre For Digitization And Centralization Of Its Payments Process.

2023

history-arrow-left
Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548):

The SEBI Registration No. allotted to us is INZ000313732.
NSE Member Code: 90326| BSE Member Code: 6808| MCX Member Code: 57120
DP CDSL: 12099800

Compliance Officer : Mr. Randhir Kumar Chaudhari
Tel no: 011- 49022222 / 011-49022277
Email: randhir@pocketful.in

Address/Correspondence Address: C- 3, Ground Floor, Okhla Industrial Area, Phase - 1, New Delhi - 110020

For any complaints, drop us an email at legal@pocketful.in

Procedure to file a complaint on SEBI SCORES: Register on SCORES portal. Mandatory details for filing complaints on SCORES: Name, PAN, Address, Mobile Number, E-mail ID.

Smart Online Dispute Resolution|Link To Circular|Procedures and Policies|Broker Investor Charter|DP Investor Charter

Benefits: Effective Communication, Speedy redressal of the grievances.

Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI and our Terms of Use and Privacy Policy.
The brand name Pocketful and logo is in process of trademarks registration. The cost-effective brokerage plans make Pocketful a trustworthy and reliable online stock broker. Available on both the web and mobile, it offers unmatched convenience to traders. If you are considering opening......

Read More