GAIL stands for "Gas Authority of India Limited"

GAIL represents the Gas Authority of India Limited. It is India's biggest flammable gas handling and dispersion organization. It is settled in New Delhi. GAIL is recorded on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Starting in 2016, BC Tripathi is the Chairman and Managing Director (CMD) of GAIL.

The product offering of the organization comprises of:

• Handling and exchanging of petroleum gas
• Fluid Petroleum Gas
• Fluid hydrocarbons
• Power age

History

GAIL India was set up by the Government of India in 1984 as a PSU (Public Sector Undertaking) under the Ministry of Petroleum and Natural Gas. It was joined to set out the framework of gas supply in India. Around then, the organization used to be known as the Gas Authority of India Limited.

GAIL has been met with a Maharatna status by the Government of India on 1 Feb 2013. It remains at 131 among the 150 most believed brands in India as indicated by an examination.

• In 1996, GAIL was recorded in NSE, BSE, and DSE.
• In 1999, LPG plants at Usar and Lakwa were charged.
• In 2002, it got a 12% value stake in GSEGs (156MW force project) in Gujarat.
• In August 2003, Bhagyanagar Gas Limited (a joint endeavor of GAIL and HPCL) was set up for appropriation and showcasing of Auto LPG, CNG for vehicles, and retailing of gaseous petrol in Andhra Pradesh.
• In 2004, a completely claimed auxiliary of (GAIL Global (Singapore) Pte. Ltd.) was set up in Singapore.
• In 2009, it was granted the SCOPE Meritorious Award for Corporate Governance for the year 2007-08.
• In 2010, it opened a Representative Office in Egypt. In the very year, it was positioned number one organization in the classification of gas utilities in Asia in the Platts Global Ranking.
• In 2011, GAIL won the? Managing India Award? for the? Outstanding PSU of the Year?. is the main PSU to get this honor.
• In 2012, it got the? MoU Excellence Award? for being a Best Performing CPSE in the Petroleum Sector for the year 2009-10. In the very year, its 2200 km pipeline from Dahej to Bathinda was introduced by the then Prime Minister.

Obligations

GAIL was set up not exclusively to run business and create benefits yet additionally to satisfy its obligations as a capable corporate resident.

Framework

GAIL has the biggest pipeline network in the nation. It supplies gas to control plants for ages of more than 4000 MW of intensity. This force is utilized underway of manures like 10 million tons of Urea and different composts.