GAIL became a Navratna in 1997 and is now one of the thirteen Maharatna Public Sector Undertaking, the highest status conferred to any PSU. GAIL’s businesses consist of transmission and marketing of Natural Gas and GAIL is also involved in transmission of LPG, manufacturing of Petrochemicals and Liquid Hydrocarbon. GAIL started as a Gas Transmission Company during the late eighties and has grown organically by setting up a large network of Natural Gas pipelines of ~16,050 Km; two LPG Pipeline systems of ~ 2040 Km; five Gas Processing plants for production of LPG and other liquid hydrocarbons with a combined production capacity of around 1.4 MMTPA and a gas based integrated petrochemical plant of capacity 810 KTPA of polymer. GAIL is co-promoter of two other petrochemical projects including 280 KTPA Brahmaputra Cracker and Polymer Limited (BCPL) Complex in Assam and 1.4 MMTPA ONGC Petro-additions Limited (OPaL) project in Gujarat. Petronet LNG (a JV of GAIL) operates two LNG regasification terminals at Dahej & Kochi. GAIL is also the promoter of Konkan LNG Private Limited which operates LNG regasification terminal at Dhabol with design capacity of 5 MMTPA. Further GAIL has 14.72% equity stake in Ramagundam Fertilizer and Chemicals Ltd. (RFCL) incorporated by NFL, EIL & FCIL for producing 2200 MTPD Ammonia and 3850 MTPD Urea. GAIL is also in the process of setting up of a Coal Gasification based Fertilizer plant through a JV- Talcher Fertilizer Ltd. (TFL) formed with Coal India Ltd. (CIL), Rashtriya Chemicals & Fertilizers Ltd. (RCF) each having 31.85% equity share and Fertilizer Corporation of India Ltd. (FCI) which has 4.45% equity. GAIL has also acquired 26% stake in ONGC Tripura Power Company and 26% equity stake of M/s Mitsui OSK Lines, Japan in M/s LNG Japonica Shipping Corporation Limited. Further, GAIL has acquired JBF Petrochemicals Limited (JBFPL) of 1.25 MMTPA Purified Terephthalic Acid (PTA) through Corporate Insolvency Resolution Process (CIRP). JBFPL has been renamed as GAIL Mangalore Petrochemicals Limited (GMPL) and is now a wholly owned subsidiary of GAIL.
GAIL is a pioneer in city gas distribution (CGD) business in India. It has presence in 67 Geographical Areas across India.
GAIL has 8 JVs and three subsidiaries in India for its CGD business. Further, GAIL has overseas presence in USA, Singapore, Myanmar, China, and Egypt. It has opened offices in Singapore, Yangon, Houston and Moscow (Bharat Energy Office). It has a wholly owned subsidiary, GAIL Global (USA) Inc. (GGUI) in USA. GGUI has formed subsidiary, GAIL Global (USA) LNG LLC (GGULL) which has booked 2.3 MMTPA capacity in Dominion Cove Point LNG liquefaction project. GAIL has another wholly-owned subsidiary company viz. GAIL Global (Singapore) Pte. Ltd., for trading in LNG and for undertaking overseas investments. GAIL’s total LNG sourcing portfolio is about 14 MTPA.
GAIL has participating interest in 13 blocks of which 10 blocks are in India, 2 in Myanmar and 1 shale gas JV in Eagle Ford Basin, Texas, USA. Besides, GAIL has 4.17% equity partnership in South East Asia Gas Pipeline Company (SEAGP) which is transporting gas from Myanmar to China. GAIL has made investments in three companies in downstream business at Egypt and China.
GAIL has renewable portfolio of ~132 MW including ~118 MW of wind and ~14 MW of solar energy. In addition, GAIL is exploring various business opportunities in the Production and Marketing of Compressed Bio Gas (CBG) from organic waste. Emerging areas including ethanol, hydrogen, etc. are also being explored for new business opportunities. In line with Government of India’s ‘National Hydrogen Energy Mission’, GAIL is setting up 10 MW/4.3 TPD green hydrogen plant based on PEM water electrolyzer in Guna, Madhya Pradesh. Also, GAIL started H2 blending project into the Domestic PNG network in Avantika Gas Limited, Indore in January 2022 subsequent to the approval by PNGRB (currently 5 vol% blending is being done)
The manpower of GAIL as on 31st March, 2023 was 4823 Nos.
Over the years, GAIL has played a crucial role in the development of Indian gas sector. A snapshot of its physical and financial performance is given below:
