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GAIL (India) signs MoU with Karnataka government

12 May 2025 Evaluate

GAIL (India) has signed a memorandum of understanding (MoU) with the Karnataka government to explore the setting up of renewable energy projects of up to 1 gigawatt (GW) in the state.

Under the MoU, the Government of Karnataka would facilitate GAIL to obtain necessary permissions/registrations/approvals/clearance/ incentives, etc., from the concerned departments of the state, as per the prevailing policies/rules and regulations of the state government. GAIL intends to set up renewable energy projects of up to 1 GW within a period of five years. The company is targeting net-zero carbon emissions for its operations by 2035, and renewable energy projects are part of the plan for achieving that goal. 

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.


GAIL (India) Share Price

169.00 -5.00 (-2.87%)
08-Jul-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL (India) 169.00
Gujarat Energy 285.65
Indraprastha Gas 149.70
Mahanagar Gas 1092.85
Adani Total Gas 698.85
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