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GAIL India misses Q1 profit view as natural gas marketing drags – EQ Mag

GAIL (India) Ltd, the country’s largest gas distributor, reported a lower-than-expected quarterly profit on Monday hurt by weak performance at its core natural gas marketing segment. The company’s standalone profit after tax fell to 14.12 billion rupees ($171.67 million) in the quarter ended June 30, from 29.15 billion rupees a year earlier. Analysts, on average, […]

IREDA Q3 Results: Net profit zooms 67% to Rs 335 crore – EQ

Gail India to invest Rs 6,000 crore on renewables in next three years – EQ Mag Pro

The investment can go up by an additional Rs 20,000 crore by 2030, GAIL India chairman and managing director Manoj Jain told reporters in Mumbai. State-owned Gail India will invest Rs 6,000 crore in the next three years in renewables, a top official said on Monday. The investment can go up by an additional Rs […]

TotalEnergies to buy Germany based renewables firm VSB for 1.57 bn euro – EQ

GAIL India looks at petrochemicals, renewables for growth

State-owned GAIL India Ltd NSE 1.51 % is eyeing expansion in petrochemicals, specialty chemicals and renewables to supplement growth in its core business of natural gas marketing and transportation, its chairman Manoj Jain has said. The nation’s largest gas marketer and shipper has adopted a revised strategic plan identifying priority business initiatives. “This strategic plan […]

MP govt allots additional land for renewable energy – EQ