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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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