GAIL WORKING ON PLAN TO SYNERGISE OPERATIONS
Article Abstract:
The Gas Authority of India Ltd (GAIL), a Navaratna company, has decided to vertically integrate its operations to become a comprehensive energy unit. It has decided to concentrate on upstream projects for exploration and production, cross-border pipeline projects and areas like power and chemicals for the next 15 years. AT Kearney, a management consultancy firm, has been contacted to draw up the new strategy. GAIL has already started downstream operations with its Rs2,500 crore petrochemicals complex in Uttar Pradesh. (khr)
Comment:
Decides to vertically integrate its operations to become a comprehensive energy unit
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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MAHANAGAR GAS TO EXPAND DISTRIBUTION NETWORK
Article Abstract:
The Mahanagar Gas Limited (MGL) plans to expand its distribution of domestic and commercial gas to southern Mumbai too. It plans to expand its distribution of compressed natural gas (CNG) for cars and buses by setting up 8 more CNG stations before March 1999. MSL is a joint venture of the Gas Authority of India Limited (GAIL) and British Gas. It has negotiated with the Bombay Gas Company for the use of its iron pipes and is likely to sign an agreement soon. (rk)
Comment:
The Mahanagar Gas Limited (MGL) plans to expand its distribution of domestic and commercial gas to southern Mumbai too.
Publication Name: Economic Times
Subject: Business, international
ISSN: 0013-0389
Year: 1998
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