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GAIL planning expansion of petrochemicals, renewables to spur growth

05 Jul 2021 Evaluate

GAIL (India) is eyeing expansion in petrochemicals, specialty chemicals and renewables as it pivots a new strategy to expand the business beyond natural gas. The company has adopted a revised future blueprint, called 'Strategy 2030' to define its journey through the next decade. This strategic plan will help to address challenges in changing industry scenarios and provide new areas for growth with geographic expansion.

GAIL transports over 70 per cent of all gas shipped in the country through its network of 13,340-km network of natural gas trunk pipelines. It sells 55 per cent of all natural gas in the country and has petrochemical plants at Pata in Uttar Pradesh and Lepatkata in Assam that gives it a 17.5 per cent market share.

GAIL (India) is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG regasification, petrochemicals, city gas, E&P, etc.

Peers
Company Name CMP
GAIL (India) 175.00
Gujarat Energy 254.75
Indraprastha Gas 153.45
Mahanagar Gas 1101.05
Adani Total Gas 602.90
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