Gail India

BPCL privatisation: Indian Oil, other PSUs not to be allowed to bid for state-run oil firm, hints Dharmendra Pradhan

BPCL will give buyers ready access to 14% of India's oil refining capacity and about one-fourth of the fuel marketing infrastructure in the world's fastest-growing energy market.

Cabinet to consider splitting GAIL; pipeline business not to be sold before 2022

The Union Cabinet may by next month consider a proposal to hive off state-run gas utility GAIL (India) Ltd's pipeline business into a separate entity but its sale to a strategic investor may not happen before 2022, sources privy to the development said

GAIL India to invest Rs 45,000 cr in expansion of pipelines and city gas network over next five years

State-owned gas utility GAIL India Ltd will invest over Rs 45,000 crore over the next five years to expand the National Gas Grid and city gas distribution network, its chairman Ashutosh Karnatak said on Tuesday

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Shell exits city gas business in India, sells 10% stake in Mahanagar Gas Ltd for Rs 770 crore in open market

BG Asia Pacific Holdings (BGAPH), a wholly-owned subsidiary of Shell, sold 9.98 million shares in the company through block deals at Rs 780 apiece

Govt mulling splitting GAIL; to sell pipeline business to strategic investor

The government is considering to split state-run gas utility GAIL (India) Ltd by hiving off its pipeline business into a separate entity and selling it off to strategic investors, sources privy to the development said

GAIL seeks NCLT approval to admit Rs 390-crore claim against Videocon Industries

In an application, the counsel for GAIL said the state-owned gas utility, which is an operational creditor of Videocon, should be included in the list of creditors

GAIL India reports highest-ever net profit, announces Rs 54,000 cr capex plan; company declares 1:1 bonus

State gas utility GAIL India on Monday reported a 20 percent rise in its March quarter net profit as margins on natural gas sales and transmission more than made up for the loss in the petrochemical business

Japan's Orix Corporation to buy 7 wind energy plants of IL&FS, expects deal to be closed by June-end

The board of the IL&FS has initiated a sale of a number of assets to reduce a significant portion of its debt.

Gail India CEO seeks more flexibility in US LNG contracts; firm in talks to acquire more supplies from 2024-25

Gail India is in discussions with US gas exporters to acquire new LNG supplies from 2024-2025