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India

GAIL (India) Ltd (GAIL.BO)

GAIL.BO on Bombay Stock Exchange

85.60INR
3:29pm IST
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Rs2.75 (+3.32%)
Prev Close
Rs82.85
Open
Rs84.50
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Rs85.65
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Rs83.15
Volume
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Rs139.70
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Rs65.70

Latest Key Developments (Source: Significant Developments)

Engineers India Gets Order From Gail (India) Worth 4.48 Bln Rupees
Wednesday, 2 Sep 2020 

Sept 2 (Reuters) - Engineers India Ltd ::GETS ORDER FROM GAIL (INDIA) WORTH 4.48 BILLION RUPEES.  Full Article

Gail (India) June-Qtr PAT Falls
Thursday, 13 Aug 2020 

Aug 13 (Reuters) - GAIL (India) Ltd ::JUNE-QUARTER PAT 2.56 BILLION RUPEES VERSUS PROFIT 12.88 BILLION RUPEES YEAR AGO.CONSENSUS FORECAST FOR JUNE-QUARTER PROFIT WAS 9.77 BILLION RUPEES -- REFINITIV DATA.JUNE-QUARTER REVENUE FROM OPERATIONS 120.87 BILLION RUPEES VERSUS 183.11 BILLION RUPEES YEAR AGO.  Full Article

Indian Energy Exchange Says No Negotiation Took Place By Co On Interest In Stake In Indian Gas Exchange
Friday, 7 Aug 2020 

Aug 7 (Reuters) - Indian Energy Exchange Ltd ::INDIAN ENERGY EXCHANGE -NO NEGOTIATION, DECISION TAKEN PLACE BY CO ON INTEREST IN STAKE IN UNIT INDIAN GAS EXCHANGE.INDIAN ENERGY EXCHANGE -PARTICIPATED IN GAIL’S TENDER FOR EXPRESSION OF INTEREST FOR EQUITY PARTICIPATION IN THE GAS EXCHANGE.INDIAN ENERGY EXCHANGE -HAS NOT RECEIVED COMMUNICATION FROM GAIL TILL DATE ON STATUS OF ITS BID.  Full Article

GAIL (India) & Carbon Clean Solutions Sign MoU For Compressed Biogas Projects
Thursday, 23 Jul 2020 

July 23 (Reuters) - GAIL (India) Ltd ::CO, CARBON CLEAN SOLUTIONS SIGN A MOU FOR COMPRESSED BIOGAS PROJECTS.THROUGH MOU, CCSL WILL INITIALLY BUILD FOUR CBG PLANTS.PLANTS WILL BE BASED ON 10-YEAR CBG OFF-TAKE AGREEMENTS WITH CO.  Full Article

GAIL (India) Has No Dues Left To India Telecom Dept. In Matter Of Govt. Dues
Wednesday, 15 Jul 2020 

July 15 (Reuters) - GAIL (India) Ltd ::GOT LETTER FROM INDIA TELECOM DEPARTMENT. TOWARDS WITHDRAWAL OF ALL PROVISIONAL DEMAND NOTICES ISSUED TO CO.CONSEQUENT UPON WITHDRAWAL OF CLAIMS, NOTHING REMAINS DUE TO INDIA TELECOM DEPARTMENT. BY CO IN MATTER OF GOVERNMENT. DUES.  Full Article

Gail And Energy Efficiency Services Sign MoU For Trigeneration Projects
Wednesday, 3 Jun 2020 

June 3 (Reuters) - GAIL (India) Ltd ::EESL & GAIL SIGN AN MOU FOR TRIGENERATION PROJECTS.  Full Article

Mahanagar Gas Ltd gets Letter From Promoter Nominating Manoj Jain As Chairman Of Co
Thursday, 7 May 2020 

May 7 (Reuters) - Mahanagar Gas Ltd ::MAHANAGAR GAS LTD SAYS GOT LETTER FROM PROMOTER GAIL NOMINATING MANOJ JAIN AS CHAIRMAN ON BOARD OF MAHANAGAR GAS IN PLACE OF ASHUTOSH KARNATAK.  Full Article

Gensol Engineering Wins Tenders From CEL, RBI, BREDA, HPCL & GAIL
Tuesday, 14 Apr 2020 

April 14 (Reuters) - Gensol Engineering Ltd ::HAS WON TENDERS FROM CENTRAL ELECTRONICS LTD, RESERVE BANK OF INDIA.HAS ALSO WON TENDERS FROM BIHAR RENEWABLE ENERGY DEVELOPMENT AGENCY, HPCL AND GAIL.TOTAL PROJECT VALUE OF TENDERS WON FROM CEL, RBI, BREDA, HPCL AND GAIL IS 458.6 MILLION RUPEES.  Full Article

Gail (India)'s Equity Shareholding In Konkan LNG Has Increased To 69.05%
Monday, 30 Mar 2020 

March 30 (Reuters) - GAIL (India) Ltd ::CO’S EQUITY SHAREHOLDING IN KONKAN LNG LTD HAS INCREASED FROM 40.92% TO 69.05%.  Full Article

Gail (India) Chairman Says Hopes To Raise Profit By 1.5 Times In 5 Yrs
Monday, 24 Feb 2020 

Feb 24 (Reuters) - GAIL (India) Chairman, Manoj Jain says::HOPES TO SEPARATE GAS MARKETING AND TRANSMISSION IN A YEAR'S TIME.GAS TRANSMISSION AND PIPELINE WILL BE A 100% SUBSIDIARY OF GAS MARKETING CO.MAY LIST GAS TRANSMISSION AND PIPELINE CO IN FEW YEARS TIME.HOPES TO DOUBLE TURNOVER IN 5 YEARS.HOPES TO RAISE PROFIT BY 1.5 TIMES IN 5 YRS.SEES CAPEX OF ABOUT 1 TRLN RUPEES IN 5 YEARS BY GAIL AND IT'S JOINT VENTURES.EXPECT RATNAGIRI LNG TERMINAL TO OPERATE AT FULL 5 MTPA CAPACITY IN 2.5 YRS.HOPES TO ADD 7000 KM GAS PIPELINES IN 5 YRS.RISING PRICE GAP BETWEEN SPOT LNG AND LONG TERM DEALS ARE 'BIGGEST RISK'.SELLING ABOUT 3 MLN TONNE U.S. LNG THROUGH DESTINATION SWAPS.HOPES TO GET 1.5 MLN TONNES RUSSIAN LNG UNDER LONG TERM DEAL WITH GAZPROM IN 2020.LOWER SPOT PRICES OF LNG HAS TRIGGERED SOME EXTRA DEMAND FROM POWER SECTOR.SEES LOCAL GAS DEMAND RISING 6%-8% IN 3-4 YRS.DISCUSSING WITH OTHER GOVT COMPANIES ON HOW TO TACKLE DEMAND OF TELECOMS DUES.NEED TO REALIGN LONG TERM GAS DEALS AFTER A FALL IN SPOT PRICES.HOPES GAIL WILL NOT HAVE TO PAY TELECOM DUES.  Full Article

UPDATE 4-India ONGC douses fire; gas supplies to industries hit

NEW DELHI/AHMEDABAD, Sept 24 A fire at an Oil and Natural Gas Corp (ONGC) plant caused by a pipeline rupture has cut gas supplies to customers including power and fertiliser companies, gas marketing firm GAIL (India) Ltd said on Thursday.