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Tag: Gail India

Govt may close NTPC-SJVNL, IOC/BPCL-GAIL M&A deals in FY20

New Delhi: At least two PSU merger and acquisition deals would be concluded by the government in the current fiscal to reach closer to the higher disinvestment target of Rs 1,05,000 crore. Top sources in the government said that the deal where the NTPC will buy the entire government stake in hydro-power generator SJVNL and […]

  • Wednesday, 28 April 2021
GAIL's third quarter net profit up over 28%

Mumbai: Natural gas utility major GAIL (India) on Monday reported a rise of over 28 per cent in its net profit for the third quarter of 2017-18. According to the company, its net profit increased to Rs 1,262.22 crore crore from Rs 982.92 crore reported during the corresponding period of FY17. The company further said […]

  • Wednesday, 07 July 2021
GAIL installs India's second largest rooftop solar plant

New Delhi: State-run gas transmission utility GAIL India (GAIL) on Monday said it has commissioned the country’s second biggest rooftop solar power plant in Uttar Pradesh. The 5.76 megawatt peak (MWp) captive solar plant at its petrochemical complex at Pata will generate over 79 lakh kilowatt hour (KWh) of electricity, a GAIL statement said here. […]

  • Tuesday, 06 July 2021
GAIL drops Paradip LNG terminal plans

New Delhi: GAIL India, the nation’s largest natural gas distributor, has dropped plans to set up a Rs 3,108 crore floating LNG import terminal at Paradip in Odisha. GAIL was looking for a strategic partner for the 4 million tons a year floating liquefied natural gas (LNG) terminal off the Paradip coast. But with a […]

  • Monday, 28 June 2021

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