GAIL (India) Limited has acquired equity stake of 26% in ONGC Tripura Power Company (OTPC), which owns and operates a 726.6 MW gas-based combined cycle power plant in Palatana, Tripura. The stake has been acquired from IL&FS Group companies namely, IL&FS Energy Development Company Limited and IL&FS Financial Services Limited. GAIL and IL&FS Group concluded…
GAIL (India) Limited, a New Delhi-headquartered natural gas processing and distribution company in India, and Energy Efficiency Services Limited (EESL), an energy service company of the Government of India, announced that they have signed a Memorandum of Understanding (MoU) for cooperation in development of Trigeneration projects in India. The MoU aims at building a closer…
GAIL (India) Limited has announced the appointment of Manoj Jain as its Chairman & Managing Director. He holds a Mechanical Engineer with an MBA in Operations Management, Jain joined GAIL as a Graduate Engineer Trainee in 1985 and rose through the ranks to his current position. Before his appointment as CMD, Jain was Director (Business…
GAIL (India) Limited has been awarded the “Project Management Company of the Year” for successfully completing phase- I of the Pradhan Mantri Urja Ganga Pipeline Project. The award was given by Hon’ble Union Minister of Petroleum & Natural Gas and Steel, Dharmendra Pradhan to GAIL CMD & Director (Projects), Dr. Ashutosh Karnatak accompanied by Director…