India’s Top 500 Companies 2022

INDIA’S TOP 500 COMPANIES 2022 50 Experts’ View GAIL is one the largest PSUs (Maharatnas) in the country. How would you summarize your company’s journey since its inception? GAIL (India) Limited (formerly known as Gas Authority of India) was incorporated on 16.08.1984, pursuant to a Cabinet decision with the mission of “Accelerating and optimizing the effective and economic use of Natural Gas and its fractions for the benefit of the national economy”. For the enhancement of the Indian gas sector, GAIL was given the mandate to create the necessary infrastructure for transportation, processing, and distribution of gas; to plan, design, and construct pipelines, distribution systems, and fractionation facilities (for extraction of LPG and C2/C3) and operate and maintain the systems and assets to be taken over from ONGC/OIL. The journey started as a single pipeline company with the responsibility of construction, operation & maintenance of the Hazira - Vijaipur – Jagdishpur (HVJ) pipeline project which was one of the longest cross-country pipeline projects in the world. This 1,800 km long pipeline laid the foundation for the development of the Natural Gas market in India. Along the HVJ pipeline, one of the largest optical-fiber- based telecommunication systems in the country has also been established for the Supervisory Control and Data Acquisition (SCADA) system. Over the years, GAIL has grown organically and has become the largest integrated Natural Gas Marketing & Transmission Company in India, having its presence along the entire natural gas value chain comprising Gas Transmission &Marketing, LPG Transmission, Gas Processing, Petrochemicals, LNG imports & trading, Exploration & Production and City Gas Distribution. GAIL has also diversified into renewable energy businesses like Solar, Wind, CBG, Hydrogen, etc. At present, GAIL owns and operates around 14,300 km (74%) length of the pan-India natural gas pipeline network in 28 states and UTs and is in process of laying sections of the National Gas Grid (NGG), by adding another 5000 km in NGG with an estimated capital expenditure of more than ` 25,000 crore. It also owns and operates 2,038 km length of LPG pipeline with the capacity to transport 3.8 MMTPA of LPG. Around 53% of natural gas and 46% of LNG is sold by GAIL in the country, fulfilling 69% of gas requirement by Fertilizer, 60% by Power and 58% by CGD sector in India. GAIL’s international footprint is marked by its presence among the top 10 LNG portfolio players in the world, with a portfolio size of over 14 MTPA with geographic supply diversity besides varied price indices. CGD networks of GAIL, together cater to around 67% of over 93.5 lakh domestic PNG connections in the country. Further, GAIL operates 46% of India’s CNG stations through JVs and subsidiaries. In the petrochemical space, GAIL owns and operates the largest gas-based petrochemical complex in North India at Pata in Uttar Pradesh with a capacity to produce 810,000 tonnes per annum. Brahmaputra Cracker and Polymer Limited, a GAIL’s subsidiary, owns and operates a petrochemical complex of 280,000 tonnes per annum. Besides, GAIL is a co-promoter in ONGC Petro- additions Limited (OPaL) which operates a petrochemical complex of 1.4 million tonnes per annum polymer capacity at Dahej inGujarat. Further, the company is in the process of setting up India’s first-of-its- kind 500 KTA Propane Dehydrogenation & Polypropylene Project (PDH-PP) at Usar in Maharashtra and a 60 KTA Polypropylene Project (PP) at Pata in Uttar Pradesh. Taking steps towards carbon free future, the company has installed capacity of ~130 MW of renewable energy and exploring emerging areas including ethanol, hydrogen, etc. for new business opportunities. Additionally, a hydrogen blending has been started as a pilot project to establish the techno-commercial feasibility of blending hydrogen in the CGD network in Indore and is setting up a 10 MW green hydrogen plant which will be one of the largest green hydrogen plants in India. The company is in the process of establishing 3 ethanol plants in JV mode of 500 KLPD each. Starting its journey as a natural gas transmission company, today GAIL has evolved as an Integrated energy major with diversified interests in Natural Gas Marketing, Processing, Distribution with forward and backward linkages in Exploration & Production, Petrochemicals, Liquid Hydrocarbons and CGD as well as in LNG sourcing, shipping, regasification GAIL (INDIA) LIMITED Manoj Jain Chairman and Managing Director Dun & Bra street