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GAIL information


GAIL (India) Limited
FormerlyGas Authority of India Limited (1984–2002)
Company typeCentral Public Sector Undertaking
Traded as
BSE: 532155
NSE: GAIL
LSE: GAID
NSE NIFTY 50 Constituent
ISININE129A01019
IndustryOil and Gas
Founded1984; 40 years ago (1984)
HeadquartersGAIL Bhawan
16, Bhikaji Cama Place, R.K. Puram, New Delhi, Delhi, India
Key people
Sandeep Kumar Gupta
(Chairman & MD)[1]
ProductsNatural gas
Petrochemical
liquid hydrocarbons
Liquefied petroleum gas transmission
Renewable Energy
city gas distribution
E&P
Electricity generation
RevenueIncrease 147,203.50 crore (US$18 billion)[2] (2023)
Operating income
Decrease 7,256.38 crore (US$910 million)[2] (2023)
Net income
Decrease 5,595.89 crore (US$700 million)[2] (2023)
Total assetsIncrease 107,780.75 crore (US$13 billion)[3] (2023)
Total equityIncrease 64,106.98 crore (US$8.0 billion)[3] (2023)
OwnerMinistry of Petroleum and Natural Gas, Government of India (51.8%)
Number of employees
4823 (as on 31st March 2023)
Subsidiaries
  • Indraprastha Gas Limited
  • Petronet LNG
  • Mahanagar Gas Limited
Websitegailonline.com

[4]

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.[5][6][7]

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.[8]

  1. ^ "GAIL Leadership". GAIL (India) Limited. Retrieved 23 October 2022.
  2. ^ a b c "GAIL India Consolidated Profit & Loss account, GAIL India Financial Statement & Accounts" (PDF). www.bse.com.
  3. ^ a b "GAIL India Consolidated Balance Sheet, GAIL India Financial Statement & Accounts" (PDF). www.bse.com.
  4. ^ "GAIL Annual Report (2022-23)" (PDF).
  5. ^ "Govt grants Maharatna status to BHEL, GAIL". Business Standard. 1 February 2013. Archived from the original on 4 November 2014. Retrieved 14 June 2014.
  6. ^ Livemint (21 September 2022). "REC becomes 12th company to join Maharatna CPSE club". mint. Retrieved 13 July 2023.
  7. ^ "Maharatna PSUs". Forbes.com. Forbes.com LLC. 29 March 2007. Archived from the original on 20 October 2012. Retrieved 6 August 2012.
  8. ^ CW Team (14 November 2023). "GAIL achieves first ship-to-ship LNG transfer, reduces CO2 emissions". Construction World. Retrieved 14 November 2023.

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