Gail Share Price

About Gail

Core Activities & Products

1. Natural Gas:One of the cleanest forms of fuel, natural gas is used by both industries and households alike. Natural gas is a fuel that is clean, non-polluting, and efficient. By way of its vast pipeline network, GAIL is able to supply natural gas straight from the source to a range of markets. With a pipeline network spanning 14,488 kilometres, and a capacity of 206 MMSCMD, GAIL is able to supply natural gas to industries and households across 19 states in India.
2. Liquid Hydrocarbons:Currently, GAIL operates 5 Gas Processing Units, working towards the production of Liquefied Petroleum Gas (LPG) and other such products, which include propane, pentane, naphtha, propylene, mixed fuel oil, and hydrogenated C4 mix.
3. Transmission of LPG:The first company in the country to both own and operate its own pipelines for the transmission of Liquefied Petroleum Gas (LPG), GAIL boasts of a 1,410-kilometre long pipeline that connects the northern and western regions of India. It also has a 618-kilometre-long pipeline that connects the eastern and southern regions of India. These pipelines have the capacity to transport over 3.38 MMTPA of Liquefied Petroleum Gas.
4. Petrochemicals:In a bid to diversify from the marketing and transmission of gas and other biofuels, GAIL set up North India’s first Petrochemical plant in 1999. GAIL also has a number of licenses issued by organizations around the world that allow it to produce components such as LLDPE, HDPE, and PP.
5. Distribution of Gas in Cities:When it comes to the distribution of gas in cities, GAIL is the leading name in the sector. Via joint ventures with Indraprastha Gas Limited (IGL) and Mahanagar Gas Limited (MGL), GAIL has managed to introduce both PNG (households) and CNG (vehicles), contributing to a cleaner environment. In addition to this, GAIL has now tied up with Bhagyanagar Gas Limited (Andhra Pradesh), Avantika Gas Limited (Madhya Pradesh), Central UP Gas Limited and Green Gas Limited (UP), Maharashtra Natural Gas Limited (Pune) and Tripura Natural Gas Company Limited (Tripura).
6. Exploration and Production: GAIL has partnered with a range of companies to now undertake in a range of 10 basins – of which 2 are overseas.
7. Subsidiaries and Joint Ventures: GAIL has a vast network of subsidiaries that operate across the country, engaged in the exploration, production, and distribution of biofuels. The subsidiaries include GAIL Gas Limited, Brahmaputra Cracker and Polymer Limited (BCPL), GAIL Global (Singapore) Pte Ltd, GAIL Global (USA) Inc, and GAIL Global (USA) LNG LLC.In addition to this, GAIL has entered into a joint venture with a number of companies, that include Avantika Gas Limited, Bhagyanagar Gas Limited, Central UP Gas Limited, Green Gas Limited, Indraprastha Gas Limited, Mahanagar Gas Limited, Maharashtra Natural Gas Limited, ONGC Petro-additions Limited, Petronet LNG Limited, Ratnagiri Gas and Power Pvt Ltd, Tripura Natural Gas Company Limited, GAIL China Gas Global Energy Holdings Limited, and Andhra Pradesh Gas Distribution Corporation.

Board of Directors

• Chairman and Managing Director: Manoj Jain
• Director (Business Development) & Addl Charge of Director (Marketing): M V Iyer
• Director (Finance): Rakesh Kumar Jain
• Director (Projects): Deepak Gupta
• Director (Human Resources): Ayush Gupta
• Government Nominee Director: Navneet Mohan Kothari
• Non-Official Independent Director: Akhilesh Jain
• Non-Official Independent Director: Sher Singh
• Non-Official Independent Director: Sanjay Kashyap
• Non-Official Independent Director: Nandhagopal Narayanasamy
• Non-Official Independent Director: Kangabam Inaocha Devi
• Non-Official Independent Director: Ravikant Kolhe
• Chief Vigilance Officer (CVO): Sandeep Sarkar

Key Executives

• Chairman and Managing Director: Manoj Jain
• Company Secretary: A.K Jha

Presence

Registered Office:

Strengths:

1. Canara Bank employs over 86,919 people – thus offering a means of livelihood to many Indians.
2. It is the leading organization in the country engaged in the exploration, production, and distribution of natural gas and other biofuels.
3. GAIL has been bestowed with the Maharatna status, making it one of the 6 other Public Sector Enterprises to receive this honour.
4. GAIL has managed to establish a firm grip on the market share, and with its increased diversification of business operations, this is only set to increase.
5. With a business plan in place that is robust, GAIL enjoys market goodwill because of its intentions to use clean energy to protect the planet.

CSR and Sustainability

• Project Arogya.
• GAIL Utkarsh.
• Support towards Skill Development Training Programmes for Underprivileged/Unemployed Youth.
• Support for the construction of a Sports Stadium in a government school in Odisha.
• Support for ‘Swaccha Iconic Places’ in Uttarakhand.
• Support for the provision of clean drinking water through household tap connections.
• Support towards bio-medical equipment and infrastructural facilities.
• Organizing free medical health check-ups and screening camps for malnourished women and children.
• Support for providing computer sets and printers to schools.
• Support for the construction of toilets in government schools and public places.

COVID-19 Impact

Future Prospects

1. Within the next 3 years, GAIL plans to invest Rs.6,000 Crores in the renewable energy sector.
2. By 2030, GAIL plans to invest another Rs.20,000 Crores in the same.
3. The company has also chalked up a capital expenditure plan amounting to Rs.40,000 Crores over the next five years, accounting for expansions in the transmission of gas, marketing of the same, and pipelines and petrochemicals.

Did You Know!

Initial Public Offering

Equity Shares