GAIL (India) Ltd
NSE: GAIL BSE: 532155
₹169.54
+2.58 (1.55%)
Thu, 22 Oct 2026, 06:33 pm
Market Cap (in Cr)110724.67
PE Ratio11.28
Dividend3.27
Utilities
Gas Distributors
24.5KGAIL (India) Ltd Company History
1984
- GAIL incorporated on 16 August as wholly owned Government of India company.
1995
- GAIL adjudged third-best PSU and awarded Indira Gandhi Rajbhasha Shield for 1994-95.
1996
- Pipeline to Mathura Refinery commissioned on 27 December.
- Two propane recovery plants at Vijaipur commissioned.
- Pipelines to NTPC Zanore and RSEB Ramgarh Phase II commissioned.
- GAIL signs Principles of Agreement with Brown & Root for gas import from Myanmar.
- GAIL awarded Indira Gandhi Rajbhasha Shield for 1995-96.
1997
- GAIL launches pilot project for piped gas supply to domestic and commercial consumers in Delhi.
1998
- GAIL commissions gas processing unit, offsite and utilities of Pata petrochemical plant.
- GAIL sets up Research and Technology Development Group.
1999
- GAIL commissions UP Petrochemical Complex at Pata, GREP, LPG plants at Usar and Lakwa.
- GAIL forms JV Indraprastha Gas Limited with BPCL.
- GAIL bags first prize under Indira Gandhi Rajbhasha Shield for 1996-97 and 1997-98.
2000
- GAIL units at Vijaipur, Vaghodia, Usar and Pata win British Safety Council top safety award.
- GAIL obtains Infrastructure Provider Category II license for telecom bandwidth leasing.
- GAIL signs agreements for gas supply and telecom diversification.
2001
- GAIL signs equity participation agreement for 12% in Gujarat State Energy Generation Ltd.
- GAIL completes world's longest cross-country LPG pipeline.
- GAIL proposes 600 km Vizag-Secunderabad pipeline.
2002
- Mr. Ravi Saxena, GAIL Director, passes away.
- GAIL and ONGC enter alliance for international practices.
- GAIL signs MoU with Hindustan Petroleum for JV in Andhra Pradesh.
- GAIL's Agartala city gas feeder pipeline inaugurated.
2003
- GAIL ties up with Energy Infrastructure India Ltd. for LPG transportation.
- GAIL signs co-operation agreement with Botas Petroleum Pipeline Corporation of Turkey.
- GAIL begins laying Dahej-Uran pipeline.
- Central government nominates GAIL as monopoly builder for cross-country gas pipelines.
2004
- GAIL signs Development Agreement with Tata Power and BP for Dabhol opportunity.
- Government offers sale of up to 84,565,160 equity shares at Rs 195 each.
- GAIL acquires stake in NATGAS of Egypt.
- GAIL sets up subsidiary in Singapore.
2005
- GAIL signs pacts with RCF for gas supply.
- GAIL ties up with SAIL.
- NCDEX inks MoU with GAIL for natural gas spot trading.
- GAIL signs MoU with Spectra International, Bangladesh.
- GAIL and IOC sign JV agreement for city gas projects in Agra and Lucknow.
- GAIL implements Gas Management System.
- GAIL ventures into marketing crude oil.
- GAIL and IOCL form Green Gas Ltd.
- GAIL signs production sharing contract for two NELP V blocks.
- GAIL signs pact for equity participation in A-3 Block, Myanmar.
- GAIL inks pact with GAILTEL, RAILTEL and Power Grid for telecom alliance.
- Two GAIL plants receive British Safety Council Sword of Honour award.
2006
- SP Rao appointed GAIL CMD on 27 August.
- Mohan R Hingnikar takes additional charge as CMD on 1 November.
- GAIL receives OISD Award for HVJ pipeline for 2005-06.
2007
- GAIL launches e-tendering as e-Governance initiative.
- GAIL and RIL sign MoU for cooperation in gas sector.
- GAIL delists securities from Delhi Stock Exchange.
- GAIL forms joint venture with IOC for gas distribution in Kolkata.
- GAIL and ONGC sign MoU for joint venture formation.
- GAIL signs Gas Cooperation Agreement with Government of Puducherry.
2008
- GAIL issues bonus shares in ratio 1:2.
- Government awards marketing rights of PMT gas to GAIL.
- 30-inch 576 km Dahej-Panvel-Dabhol pipeline commissioned.
- Commercial production of oil from Cambay basin blocks CB-ONN-2000/1 commences.
- Pata petrochemical plant expansion completed, increasing capacity to 410,000 TPA.
- Brahmaputra Cracker and Polymer Limited subsidiary formed for gas cracker project in Assam.
- GAIL sets up subsidiary GAIL Gas Limited for city gas distribution.
2009
- GAIL Gas wins rights for city gas distribution in Meerut, Sonepat, Dewas and Kota.
- GAIL signs gas cooperation agreements with Tamil Nadu, Himachal Pradesh, Karnataka and MoU with IFFCO for gas-based power plant in Barauni.
- Commemorative postage stamp released for GAIL's silver jubilee by President Pratibha Patil.
- GAIL consortium awarded one onland block in Cauvery during NELP-VII.
2010
- GAIL completes route survey for 1400 km Dabhol-Bengaluru gas pipeline.
- GAIL starts natural gas supply to Maruti Suzuki at Manesar plant.
- GAIL enters three-year agreement with Marubeni for 0.5 million tonnes LNG starting January 2011.
2011
- ONGC and GAIL agree to reinforce ties in natural gas and petrochemicals.
- GAIL targets over 118 MMSCMD gas transmission in FY 2011-12 via Annual MoU with MoP&NG.
- GAIL joins hands with AP Gas Infrastructure Corporation for piped gas in Andhra Pradesh.
- Shri R P N Singh launches Asia's first integrated Gas Management System at GAIL.
- GAIL Gas and Vadodara Mahanagar Sewa Sadan set up joint venture for city gas distribution.
- Mr. S. Jaipal Reddy dedicates GAIL's Chainsa-Sultanpur-Neemrana pipeline to the nation.
- GAIL and KSIIDC sign JV agreement for natural gas infrastructure and city gas in Karnataka.
- GAIL acquires 20% stake in Carrizo Oil & Gas's Eagle Ford Shale for USD 95 million.
- GAIL signs Sales and Purchase Agreement with Sabine Pass Liquefaction for 3.5 million tonnes LNG over 20 years.
2012
- GAIL Gas signs agreement for Rs 5,000 crore LNG import facility near Kakinada or Visakhapatnam.
- GAIL plans gas deal with RIL for 2.5 MMSCMD to Andhra Pradesh power units.
- GAIL joins hands with Excelerate Energy to import over 16 LNG cargoes in FY13.
- GAIL signs Gas Sales & Purchase Agreement for gas from Turkmenistan via TAPI pipeline.
- GAIL completes joint venture formalities with Vadodara Municipal Corporation.
- GAIL and ONGC sign collaboration agreements.
2013
- State government approves GAIL-Vadodara Municipal Corporation joint venture for piped gas in Vadodara.
- GAIL India consortium secures exploration blocks.
- GAIL commissions 5 mn tonne LNG terminal at Dabhol.
- GAIL enters solar power generation with 5 MW plant under Jawaharlal Nehru National Solar Mission.
- GAIL C&MD B C Tripathi conferred Best LNG Executive Global Award 2013.
- Dabhol-Bengaluru Pipeline Project awarded Premier Project at Platts Global Energy Awards 2013.
- GAIL signs Gas Cooperation Agreement with Government of Bihar.
- GAIL and Shipping Corporation join hands for LNG shipping.
2014
- GAIL secures gas supply from US Dominion Cove Point LNG terminal for 2.3 MMTPA export to India.
- GAIL executes MoU with RCF, CIL and FCIL for coal gasification project at Talcher.
- GAIL declared top Indian company in Gas-Processing, Distribution and Marketing at Dun & Bradstreet Awards 2014.
- GAIL adjudged Best Performing Company (Maharatna) at India Today PSU Awards 2014.
- APGDC, GDF Suez, Shell and GAIL sign MoUs for floating LNG terminal in Kakinada.
- GAIL Gas joins hands with UPSIDC to expand natural gas infrastructure.
2015
- IOCL and GAIL sign MoU with Dhamra LNG Terminal.
- GAIL signs Heads of Agreement for natural gas procurement.
- GAIL signs MoU with SDMC for civic services in Bhikaiji Cama Place.
- GAIL Gas and Rajasthan State Petroleum Corp sign agreement for natural gas infrastructure in Rajasthan.
- GAIL completes Jagdishpur-Haldia Pipeline Project connecting Barauni in Bihar.
- GAIL partners with TERI to develop document on climate change.
2016
- GAIL signs Gas Sale and Purchase Agreement with Petronet LNG Limited.
- GAIL starts drilling first exploratory well in Cambay basin.
- GAIL contributes Rs. 10 crores towards skill development in Andhra Pradesh.
- GAIL launches natural gas awareness campaign in Haridwar.
2017
- GAIL launches CGD project implementation in Bhubaneswar and Cuttack.
- GAIL awarded natural gas pipeline laying contracts for 131 km in Kerala.
- GAIL launches start-up initiative 'Pankh'.
- GAIL commences 100% construction work in Kerala stretch of KKMBPL Project.
- GAIL fast-tracks Pradhan Mantri Urja Ganga Project with pipe laying contracts awarded in Bihar, Jharkhand and West Bengal.
2018
- GAIL commissions India's second largest rooftop solar plant.
- GAIL plans to extend Urja Ganga gas pipeline to Guwahati.
- GAIL strengthens partnership with Gazprom.
- GAIL begins pipeline work in Bengal for fuel supply to Matix.
- GAIL announces bonus share issue in the ratio of 1:3.
2019
- GAIL inks pact with BHEL to develop solar power project.
- GAIL commissions 165 km Gorakhpur pipeline project under PMUG.
- GAIL hires LNG ship from Mitsui for ferrying US gas.
2020
- EESL and GAIL ink MoU for 'trigeneration' projects.
2021
- GAIL purchases NTPC's entire shares in Konkan LNG Ltd. and sells GAIL's entire shares.
- GAIL receives Moody's Baa3 rating with stable outlook.
- NCLT grants approval for GAIL's acquisition of IL&FS's stake in OTPC.
2022
- GAIL wins Best 'Energy Transition – Midstream Company' Award.
- Vigilance Commissioner launches GAIL’s E-Vigilance Portal.
- GAIL integrates with UN Cop15 patronised global awareness campaign on biodiversity, environment and climate change.
- GAIL acquires 26% stake in ONGC Tripura Power Company.
2023
- GAIL wins SAP ACE Best Financial Transformation Award 2023 for Vendor Invoice Management Systems.
- GAIL and BPCL sign agreement for supply of propane for GAIL’s petrochemical plant at Usar.
- GAIL and LanzaTech enter strategic partnership to explore biorecycling carbon waste into fuels and chemicals.
- GAIL awarded two prestigious awards in FIPI Oil & Gas Awards 2022.
- GAIL inaugurates state-of-the-art centre for digitization and centralization of payments process.
2024
- GAIL signs long-term charter contract with K LINE for LNG ship.
- GAIL wins SAP ACE Best Financial Transformation Award for the second year in a row.
- GAIL signs 10-year agreement with ADNOC Gas for delivery of up to 0.52 MMTPA LNG.
- GAIL and AM Green sign MoU for jointly developing renewable energy up to 2.5 GW and green chemical projects.
- GAIL launches 'Waah Kya Energy Hai' campaign to promote clean and sustainable fuel choices.
