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Indian Administration

Gail India’s Bold Moves in Energy Innovation

Gail India’s Bold Moves in Energy Innovation

In a recent address to stakeholders and partners, Sandeep Kumar Gupta, the Chairman & Managing Director of Gail India Limited, highlighted the company’s outstanding performance during the fiscal year 2024-25. Gail India achieved its highest-ever Profit Before Tax (PBT) and Profit After Tax (PAT) during this period, with PBT increasing by 28% to ₹14,825 crore and PAT rising by 28% to ₹11,312 crore. Revenue from Operations also saw a significant increase to ₹1,37,288 crore. The company received an ‘Excellent’ rating in the Memorandum of Understanding (MoU) performance evaluation for the third consecutive year.

Despite global economic complexities and geopolitical challenges, Gail India strengthened its gas sourcing portfolio by diversifying LNG sourcing across different regions and maintaining a balanced pricing structure. The company is confident in its ability to sustain growth in the future by focusing on long-term strategies.

Gail India’s commitment to enhancing the nation’s energy security was evident in its proactive efforts to diversify LNG sourcing through various agreements. Noteworthy achievements include securing long-term LNG arrangements and enhancing infrastructure at the Dabhol LNG terminal.

The company also made significant progress in LNG shipping by expanding its logistics capabilities and adding new vessels to its fleet. On the legal front, Gail India resolved disputes and received refunds, reducing contingent liabilities.

Gail India continued to expand its natural gas infrastructure, commissioning new pipeline sections and enhancing throughput. The company’s focus on petrochemicals led to increased production and revenue, with plans for further expansions in this sector.

In the area of City Gas Distribution (CGD), Gail India maintained its leadership position by adding new connections and stations. The company also emphasized its commitment to environmental sustainability by advancing its Net-Zero emissions target and investing in renewable energy and decarbonization technologies.

Through various initiatives in biogas generation, clean energy projects, and partnerships, Gail India demonstrated its dedication to a sustainable future. The company’s achievements in safety, governance, and social responsibility were also highlighted, along with its financial stability and global recognition.

In conclusion, Gail India reaffirmed its dedication to national development, energy security, and environmental stewardship. With a focus on innovation, stakeholder value creation, and infrastructure expansion, the company is well-positioned to navigate the changing energy landscape with confidence.

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This post is sponsored by Indian CPSEs and co sponsored by Google, a partner of NewsIP Associates.