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GAIL (India) to set up 1500 KTA Ethane Cracker project in Madhya Pradesh

10 Jun 2024 Evaluate

GAIL (India) is planning to set up 1500 KTA Ethane Cracker Project at an investment of around Rs 60,000 crore in Madhya Pradesh, having product slate of various ethylene derivatives. GAIL has submitted its request to the Madhya Pradesh State Government for providing suitable enablers for the project. Around 800 hectares of land shall be provided by the MP Industrial Development Corporation, for which state government has already initiated the process. Investment approval from GAIL's Board shall be sought after favourable outcome on enablers.  

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) 172.00
Gujarat Energy 235.40
Indraprastha Gas 143.35
Mahanagar Gas 1047.60
Adani Total Gas 594.65
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