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GAIL gets aggressive on sourcing LNG

08 Sep 2011 Evaluate

GAIL (India) Ltd is getting aggressive on sourcing LNG from international market as well as acquiring overseas assets linked to equity gas/LNG through mergers and acquisitions. This is to meet the growing gas demand amidst limited domestic supplies. The company is looking at Asia, CIS countries, Africa and North America to expand its international portfolio in gas value chain.


The company also aims to foray further into gas-based power, renewable power and unconventional energy sources like shale gas, CBM and coal gas. During the current fiscal GAIL will set up over 115 MW of wind based renewable power projects at an investment of nearly Rs 700 crore in various states.

GAIL India Share Price

157.80 -1.10 (-0.69%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL India 157.80
Gujarat Gas 362.60
Indraprastha Gas 169.25
Mahanagar Gas 1125.45
Adani Total Gas 632.90
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