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What Do You Know About Gail? |
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Answer» Gas (India) Limited (GAIL) (formerly known as Gas Authority India Limited) is the largest state-owned natural gas processing and distribution company in India. It is headquartered in New Delhi. It has the following business segments: natural gas, liquid hydrocarbon, liquefied petroleum gas transmission, petrochemical, city gas distribution, exploration and production, GAILTEL and electricity generation. GAIL was conferred with the Maharatna status on 1 Feb 2013, by the Government of India. Only six other Public Sector Enterprises enjoy this coveted status amongst all central CPSEs. The company was INITIALLY given the responsibility of CONSTRUCTION, operation & maintenance of the Hazira – Vijaypur -Jagdishpur (HVJ) pipeline Project. It was one of the largest cross-country natural gas pipeline projects in the world. Originally this 1800 Km long pipeline was built at a cost of Rs 1700 Crores and it laid the foundation for development of market for natural Gas in India. GAIL has formed subsidiaries and JOINT venture companies for city gas distribution and petrochemicals. GAIL is one of the pioneers to introduce city gas projects in India for gas supplies to households, commercial users and for the transport sector by forming subsidiaries/ joint venture companies. Gas (India) Limited (GAIL) (formerly known as Gas Authority India Limited) is the largest state-owned natural gas processing and distribution company in India. It is headquartered in New Delhi. It has the following business segments: natural gas, liquid hydrocarbon, liquefied petroleum gas transmission, petrochemical, city gas distribution, exploration and production, GAILTEL and electricity generation. GAIL was conferred with the Maharatna status on 1 Feb 2013, by the Government of India. Only six other Public Sector Enterprises enjoy this coveted status amongst all central CPSEs. The company was initially given the responsibility of construction, operation & maintenance of the Hazira – Vijaypur -Jagdishpur (HVJ) pipeline Project. It was one of the largest cross-country natural gas pipeline projects in the world. Originally this 1800 Km long pipeline was built at a cost of Rs 1700 Crores and it laid the foundation for development of market for natural Gas in India. GAIL has formed subsidiaries and joint venture companies for city gas distribution and petrochemicals. GAIL is one of the pioneers to introduce city gas projects in India for gas supplies to households, commercial users and for the transport sector by forming subsidiaries/ joint venture companies. |
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