According to reports, a bribe was paid for favouring the company in two GAIL pipeline projects – Srikakulam to Angul and Vijaypur to Auraiya.
In order to meet the shortage, GAIL sourced spot LNG volumes from the domestic /international market and also partially/fully stopped its petrochemical complex at Pata in Uttar Pradesh to fulfilling supply obligations to the customers.
A probe has revealed that the deceased was mentally ill and was under treatment, Delhi Police said. The man was a former senior manager at Gas Authority of India Limited (GAIL).
GGL supplies 1.45 lakh kg of CNG and PNG in Lucknow on regular days, but due to the surge in international prices, the supply has been decreased by up to 15,000-20,000 kg per day.
The top court was informed that GAIL's NOC was required as there is a high pressure underground natural gas pipeline, which is passing at a distance of 15 metres and depth of 3 mets.re The court was also informed that the Defence Ministry will provide the explosives for the demolition.
Key equity indices see-sawed between gains and losses during early hours on February 10 amid mixed global cues as investors turned cautious over the sustainability of a recent risk rally.
Reliance and its partner UK's BP Plc on Friday auctioned 7.5 million standard cubic metres per day of incremental gas from the R-series gas field in the KG-D6 block, benchmarking it to a gas marker for the very first time in the country.
The government has detached gas utility GAIL India, explorer Oil India and other PSUs from a Supreme Court order that had led to Rs 1.47 lakh crore being sought from telecom firms such as Bharti Airtel and Vodafone Idea in past dues, the Lok Sabha was informed on Wednesday.
State-owned Indian Oil Corp (IOC) and GAIL India will pay Adani Group 5 per cent more in hiring charges for using the private firm's upcoming LNG import facility at Dhamra in Odisha than their own similar terminal, Oil Minister Dharmendra Pradhan said on Monday.
At Friday's closing price of Rs 440.85 a share for GAIL on BSE, the stake is worth close to Rs 410 billion.
GAIL's net profit in the October-December quarter of the current fiscal was Rs1,262.22 crore, higher than Rs982.92 crore in the same period of last fiscal.
ONGC holds 13.77 per cent stake in nation's biggest refiner IOC, which at today's trading price is worth over Rs 26,200 crore. It also holds 4.86 per cent stake in gas utility GAIL India Ltd, which is worth over Rs 3,847 crore.
New Delhi: Natural gas prices was today cut by about 8 per cent to USD 4.66 a unit to reflect the softening in international prices, a move that will lower electricity and fertiliser costs.Oil Ministry's
Mumbai: Positive global and domestic cues coupled with strong expectations of further reforms in the upcoming budget led a benchmark index of Indian equities markets to gain 136.48 points or 0.46 percent during the week
New Delhi: CBI today arrested an officer of Gas Authority of India Limited for allegedly receiving bribe of Rs 1 lakh at his residence for favouring a contractor. CBI sources said Ashok Kumar Lal, designated
New Delhi: After Reliance Industries demanded interest on KG-D6 gas payments flowing into gas pool account operated by GAIL, the state-owned firm has agreed to invest the receivables in short-term interest bearing deposits with public
Bhubaneswar: Joining the nation-wide ‘Swachh Bharat' campaign, public sector GAIL (India) announced its plan to build 1021 bio-toilets in the country to provide hygienic sanitation facilities for girl students. While GAIL (India) unveiled its Rs
New Delhi: State-run gas utility GAIL India Ltd on Sunday said that it has made available natural gas from alternate sources to industries in Gujarat whose domestic fuel allocation was snapped to give fuel for
New Delhi: In a setback to Oil Ministry, gas utility GAIL and refiner CPCL have expressed their inability to deduct USD 115 million from the amount due to Reliance Industries to make up for the
New Delhi: Adani Gas-Indian Oil combine and state gas utility GAIL were among nearly a dozen firms that bid for licenses to retail CNG and piped cooking gas in 14 cites including Bengaluru and Pune. Other
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