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GAIL Nears Completion of Major Natural Gas Pipeline Project

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GAIL Nears Completion of Major Natural Gas Pipeline Project

GAIL (India) Limited ( (IN:GAIL) ) has issued an update.

GAIL (India) Limited has successfully completed over 97.6% of the Jagdishpur – Haldia – Bokaro – Dhamra Pipeline (JHBDPL), known as ‘Pradhan Mantri Urja Ganga’, with 96.6% already operational. This pipeline, spanning 3,306 km, is crucial for transporting natural gas to Eastern and North-Eastern India, supplying to fertilizer plants, refineries, industrial consumers, and city gas distribution networks. The completion of the remaining sections has been extended to December 2025 due to limited Right of Use availability, which will further enhance gas supply to additional regions and industrial consumers.

More about GAIL (India) Limited

GAIL (India) Limited is a leading natural gas company in India, primarily engaged in the transportation and distribution of natural gas. The company plays a crucial role in the energy sector, focusing on infrastructure development for natural gas supply across various regions in India.

YTD Price Performance: -6.29%

Average Trading Volume: 467,847

Current Market Cap: 1109.5B INR

For a thorough assessment of GAIL stock, go to TipRanks’ Stock Analysis page.

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