GAIL reports 20% increase in Q4 net profit; recommends 1:1 bonus

State gas utility GAIL India on Monday recorded a 20 percent rise in its March quarter net profit as margins on natural gas sales and transmission more than made up for... Read more »

IL&FS to give its wind portfolio to GAIL in first asset sale since crisis

Debt-laden Infrastructure Leasing & Financial Services (IL&FS) April 22 announced that GAIL (India) has emerged as the highest bidder for its seven operating wind power plants. The bidding process to... Read more »

Essar signs GSPA with GAIL for offtake of entire production from Raniganj East CBM block

Essar Oil & Gas Exploration & Production Ltd (EOGEPL) has announced that it has signed a Gas Sale and Purchase Agreement (GSPA) with GAIL (Gas Authority of India Limited).... Read more »