GAIL
GAIL (India) Limited (formerly known as Gas Authority of India Ltd.) is a central public sector undertaking. It has the following business segments: natural gas, liquified natural gas, liquid hydrocarbon, liquefied petroleum gas transmission, petrochemicals, city gas distribution, renewable energy including solar & wind, exploration and production, GAILTEL and electricity generation. GAIL was given the Maharatna status on the 1 February 2013 by the Indian Government, a status which 11 other Public Sector Undertakings (PSUs) have.
| Formerly | Gas Authority of India Limited (1984–2002) |
|---|---|
| Company type | Central Public Sector Undertaking |
| BSE: 532155 NSE: GAIL LSE: GAID NSE NIFTY 50 Constituent | |
| ISIN | INE129A01019 |
| Industry | Oil and Gas |
| Founded | 1984 |
| Headquarters | GAIL Bhawan 16, Bhikaji Cama Place, R.K. Puram, New Delhi, Delhi, India |
Key people | Sandeep Kumar Gupta (Chairman & MD) |
| Products | Natural gas Petrochemical liquid hydrocarbons Liquefied petroleum gas transmission Renewable Energy city gas distribution E&P Electricity generation |
| Revenue | ₹147,203.50 crore (US$18 billion) (2023) |
| ₹7,256.38 crore (US$910 million) (2023) | |
| ₹5,595.89 crore (US$700 million) (2023) | |
| Total assets | ₹107,780.75 crore (US$13 billion) (2023) |
| Total equity | ₹64,106.98 crore (US$8.0 billion) (2023) |
| Owner | Ministry of Petroleum and Natural Gas, Government of India (51.8%) |
Number of employees | 4823 (as on 31st March 2023) |
| Subsidiaries | |
| Website | gailonline |
GAIL owns and operates a network of around 13,722 km of natural gas pipeline and currently executing around 6,000 km of pipeline projects of its own and about 2,000 km through two JVs, as part of the National Gas Grid. PNGRB has authorized the PSU to create a 1,755 km long Mumbai-Nagpur-Jharsuguda Pipeline.
GAIL, in 2023, completed the world's first ship-to-ship LNG transfer.