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GAIL
(India) Ltd (Erstwhile Gas Authority of India Ltd), India's principal
gas transmission and marketing company, was set up by the Government
of India in August 1984 to create gas sector infrastructure for
sustained development of gas market in the country. Today GAIL has
expanded into Gas Processing, Petrochemicals, Liquefied Petroleum
Gas Transmission and Telecommunications. The company has also extended
its presence in Power, Liquefied Natural Gas re-gasification, City
Gas Distribution and Exploration & Production through equity
and joint ventures participations.
GAIL is rated among the top 10 Indian companies in terms of profits
and revenue according to October 2003 ET 500, a list of top 500
companies in India compiled by the Economic Times daily. Net financial
turnover (excluding ED) for the year 2003-04 was Rs 11942 Crores
(US $ 2.6 Billion) and net profit was Rs 1869 Crores (US $ 4.6 Million).
GAIL is the owner and operator of:
India's largest Gas Transmission Networks (4600 km pipelines)
World's longest exclusive LPG pipeline (1269 km)
Seven Gas Processing Facilities with an aggregate capacity of 1.3
MMTPA of LPG, Propane, Pentane and SBP India's largest gas-based
Petrochemicals Complex with an installed capacity of 260,000
TPA of Polyethylene (HDPE,LDPE,LLDPE)
Optic Fibre Cable Network of more than 8,000 Kms to offer bandwidth
as a Carrier's Carrier in the
Telecom sector
GAIL is:
An Equity Participant in 12 E&P blocks, including 11 blocks
in India and 1 block in Myanmar
A JV Partner in CNG/ City Gas Distribution Projects in Delhi, Mumbai
and in Andhra Pradesh
An Equity Participant in two CNG/ City Gas Distribution Projects
in Egypt
A JV partner in a gas-based 156 MW Gujarat State Energy Generation
(GSEG) Ltd's Power Plant
A JV partner in Petronet LNG Limited to import LNG and deliver Regassified
LNG in the Indian
Market
The company has attained a leading status in the Indian business
through its all-round contribution to the nation's gas-based economy
with a countrywide presence of Pipelines, Plants, Marketing network,
including 60 work centres, which is efficiently operated by a young
team of less than 3,500 employees, whose average age is 36 years.
GAIL is writing a new genetic code to achieve all-round excellence
in our services towards the people and nature. The Team GAIL relentlessly
strives to exceed the expectations of its customers and endeavours
to create superior value for all its stakeholders through the use
of the best standards of operations, technologies and safety, health
and environmental practices. GAIL is moving forward to build a nationwide
network of natural gas pipelines - The National Gas Grid - to lead
India into a clean fuel Natural Gas Era.
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