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GAIL to foray into hydrogen generation, scale up renewable portfolio

23 Aug 2021 Evaluate

GAIL (India) is planning to foray into hydrogen generation and take the acquisition route to scale up its renewable energy portfolio as it pivots business beyond natural gas to align with energy transition being witnessed across the globe. As part of a push to embrace cleaner forms of energy, GAIL will be laying pipeline infrastructure to connect consumption centres to gas sources while also augmenting its renewable energy portfolio.

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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