Gail

LNG vessel flagged off from US, to bolster energy supply chain: Gail

Government-owned natural gas company GAIL (India) Ltd has said its LNG carrier 'Energy Fidelity' was flagged off from the Sabine Pass terminal of the US, and the vessel is expected to ensure a resilient supply chain of cleaner fuel for the country. The vessel with a carrying capacity of 174,000 cubic meter (cbm) was flagged off on April 20 and is now en route to India. The ceremony was presided over by India's Consul General in Houston, Texas, D C Manjunath, GAIL said in a statement. "This ceremony symbolises the robust and growing India-US energy partnership, a relationship built on the shared priorities of reliability, innovation, and long-term security," Manjunath said. She emphasised that the flag-off aligns with India's focus on the 3Ts - Trade, Technology, and Tourism, reflecting a deepening partnership anchored in mutual trust and shared goals of energy security. Energy Fidelity is a centrepiece of GAIL's future-ready shipping portfolio. Engineered for maximum efficiency, th

Stocks to Watch today: LIC, ICICI Pru Life, GAIL, Ujjivan SFB, OMCs

Stocks to watch today: OMCs, LIC, Ujjivan SFB, Just Dial, GAIL, RailTel, ICICI Prudential, Poonawalla Fincorp, and ICICI Prudential Life Insurance Company are among the key stocks in focus today.

GAIL to invest Rs 3,800 crore in 700 MW solar projects in UP, Maharashtra

GAIL will set up 700 MW solar projects in Uttar Pradesh and Maharashtra, taking its renewable capacity to over 1,000 MW and supporting its net zero and energy transition goals

Gail to invest ₹3,800 crore in 700 MW solar projects in UP, Maharashtra

State-owned gas utility GAIL (India) Limited on Tuesday said it will invest Rs 3,800 crore in setting up 700 MW of solar power capacity across Uttar Pradesh and Maharashtra, as part of its push towards clean energy and net-zero goals. In a statement, the firm said it will develop a 600-MW solar project with a 550-MWh battery energy storage system at the TUSCO Solar Park in Jhansi, primarily to meet the captive power needs of its petrochemical plant at Pata in Uttar Pradesh. It will also set up a 100-MW solar project with a 22-MWh storage system in Chhatrapati Sambhaji Nagar, Maharashtra, to cater to its PDH-PP plant in Raigad. The projects are aimed at boosting renewable energy capacity and ensuring round-the-clock power supply through integrated storage solutions. Upon commissioning, GAIL's installed renewable energy capacity is expected to rise to over 1,000 MW from the current 147 MW. The company said the move aligns with its strategy to expand its green energy portfolio while

Upstream oil stocks mixed as crude hits $105; RIL, ONGC under pressure

Crude oil prices topped the $100 per barrel mark after the failure of ceasefire talks between the United States and Iran in Islamabad over the weekend to reach an agreement

CGD firms offer incentives for domestic PNG connections amid LPG shortage

IGL and GAIL Gas offer free gas worth ₹500, while other CGD firms waive charges to encourage domestic PNG adoption as LPG supplies tighten due to the West Asia crisis

GAIL weighs supply cuts to gas customers after Petronet LNG force majeure

Fallout from the US-Israeli attacks on Iran and a widening war has brought the transit of oil and LNG through the Strait of Hormuz to a near halt after some vessels in the area were hit

Deepak Gupta takes over as chairman and managing director of GAIL

Deepak Gupta, a seasoned energy sector executive, on Sunday assumed charge as chairman and managing director of GAIL (India) Limited, India's largest gas transmission and marketing company. A mechanical engineer from Delhi College of Engineering, Gupta holds extensive experience in natural gas transmission, marketing and infrastructure development and held key leadership roles at GAIL across operations, business development and corporate management before this, according to a company statement. "He brings a comprehensive blend of technical, strategic and board-level leadership. His expertise spans project and construction management, contracts and global procurement, technology selection, business development, operations and maintenance," it said. Gupta, who replaces Sandeep Kumar Gupta, superannuated on February 28, joined GAIL as Director (Projects) in February 2022. He will have a tenure up to February 28, 2029. "Under his leadership, GAIL completed the Dabhol breakwater project

Q3 results: Sun Pharma, GAIL, IDFC first bank, Delhivery, 72 more on Jan 31

Q3FY26 company results: Firms including Bharat Dynamics, ZF Steering Gear India, R R Kabel, Finolex Industries and Reliance Infrastructure are also to release their October-December earnings today

GAIL outlook brightens as tariff hike, volume revival boost FY27 prospects

PNGRB, in its 27 November order, raised GAIL's integrated pipeline tariff by roughly 12 per cent to ₹65.7 per mmbtu, effective 1 January 2026.

PNGRB revises GAIL's integrated pipeline tariff to ₹65.69 per mmBtu

GAIL's integrated pipeline tariff has been revised to Rs 65.69 per mmBtu from January 2026 - well below its ask - prompting a sharp market reaction

Lower pipeline tariff hike likely to weigh on GAIL's earnings outlook

PNGRB's lower-than-expected tariff hike has dampened sentiment around GAIL, with analysts expecting only modest earnings support even as transmission volumes

Refining boost isn't enough; Nuvama turns selective on Oil & Gas for FY26

According to Nuvama, the outlook for OMCs is clouded by high capital expenditure commitments and rising under-recoveries, which are set to keep return ratios suppressed.

PNGRB urges GAIL to phase out gas turbines, adopt electric motors

The gas regulator suggests India's top distributor switch to electric compressor motors to cut costs as GAIL seeks a tariff hike amid higher gas prices

Q2 results today: Vedanta, Bank of Baroda, GAIL, BPCL, 72 others on Oct 31

Q2FY26 company results: Firms including Phoenix Mills, Maruti Suzuki, Bharat Electronics, Patanjali Foods, ACC, and Bajaj Electricals are also to release their July-September earnings reports today

Bengaluru Airport City ties up with GAIL to expand gas distribution

The Bengaluru Airport City Limited (BACL) on Tuesday announced signing an agreement with GAIL Gas Ltd, a wholly owned subsidiary of GAIL (India) Limited, to develop a city gas distribution facility at Bengaluru Airport City, marking a significant step towards building a cleaner, greener energy ecosystem. The upcoming facility will include a Compressed Natural Gas (CNG) station and associated infrastructure, Piped Natural Gas (PNG) installations, and other clean energy solutions, it said. Alongside fuel services, the station will also feature non-fuel retail and convenience offerings for the wider public, officials said. "By facilitating CNG infrastructure for taxis, buses, logistics fleets, and last-mile connectivity vehicles at and around Kempegowda International Airport Bengaluru (BLR Airport), the project will position Bengaluru Airport City as a showcase for integrating sustainable energy solutions into urban and commercial hubs. The development also enhances the attractiveness

Gail Q1 FY26 result: Profit falls 26% at ₹2,369 cr, revenue marginally up

The fall in profit can be attributed to the decline in PBIT in the Natural Gas marketing segment to ₹661.25 crore in Q1 FY26 from ₹2,056.58 crore in the same quarter last year

Stock market highlights: Sensex sheds 572 pts, Nifty at 24,680; SMIDs down 1%; banks, IT, realty dip

Stock Market Highlights on Monday, July 28, 2025: Barring Nifty FMCG and Pharma, all other sectoral indices on the NSE settled in the red, with the Nifty Realty index being the top laggard

GAIL eyes long-term LNG deal from 2027 linked to Brent crude prices

The Indian company is looking to buy six cargoes of the super chilled gas in 2027, and eight cargoes in the second year of the deal

Gail signs 10-year deal with Vitol to import 1 million tonnes LNG from 2026

State-owned GAIL (India) Ltd has signed a gas sales and purchase agreement (GSPA) to buy 1 million tonnes of liquefied natural gas (LNG) from Vitol Asia Pte Ltd for 10 years starting 2026. The GSPA follows a binding term sheet signed in January 2024, GAIL said in a statement. "Under the agreement, Vitol will deliver LNG to GAIL from its global LNG portfolio," it said. Speaking on the occasion, GAIL Director (Marketing) Sanjay Kumar said the company is expanding its long-term LNG portfolio to meet demand growth. "We are pleased to partner with Vitol Asia Pte Ltd, and this agreement represents a key milestone in reinforcing GAIL's capability to reliably serve its diverse and evolving customer base." Jay Ng, Chief Financial Officer, Vitol Asia and Executive Committee member, said the growing Indian market is core to Vitol's strategy and its diversified portfolio enables it to offer India a stable supply of cleaner and competitive energy. India emerged as the world's fourth-largest LN