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GAIL is planning to invest Rs 55,000 crore over the next few years: Chairman

He added that the company plans to borrow Rs 5,000 crore this year for funding its capex plan New Delhi: State-owned natural gas utility GAIL (India) is planning to invest Rs 55,000 crore over the next few years to lay additional gas pipelines, expand its City Gas Distribution (CGD) network and petrochemical portfolio, Chairman and […]

10 gram panchayats will go green: Himachal CM promises on I-Day – EQ

Japan’s ORIX Corp offers to match GAIL’s bid for IL&FS Wind Energy

ORIX owns 49 per cent stake in IL&FS’ wind portfolio, and GAIL has emerged the highest bidder for the remaining 51 per cent stake in these assets GAIL’s ambition to expand its renewable portfolio through Il&FS’ wind portfolio faces a new hurdle. ORIX Corporation of Japan (ORIX) has now expressed its intent to exercise its […]

10 gram panchayats will go green: Himachal CM promises on I-Day – EQ

ExxonMobil may tie up with GAIL to set up green energy platform

Proposed JV marks a change in global energy architecture, with India at centre of Exxon’s growth plans ExxonMobil’s focus on India shows the importance of the world’s third largest energy consumer NEW DELHI: ExxonMobil Corp., the world’s most valuable energy company, may shortly form a partnership with state-owned GAIL (India) Ltd to set up a […]

10 gram panchayats will go green: Himachal CM promises on I-Day – EQ

ExxonMobil, GAIL gear up for India green joint venture

ExxonMobil’s focus on India is an acknowledgement of growing importance of the world’s third largest energy consumer The proposed ExxonMobil-GAIL tie-up comes against the IL&FS agreeing to sell its 874 megawatts ExxonMobil Corp., the world’s most valuable energy company, may shortly form a partnership with state-owned GAIL (India) Ltd to set up a green energy […]

India hydro potential – EQ

Gail India leads the race to buy IL&FS’ energy assets

The company spokesperson said bids for renewable assets have been received and are being processed. Mumbai: Gail IndiaNSE -0.60 % is the front -runner to buy the energy assets of troubled Infrastructure Leasing and Financial Services, two persons in the know of the development, said. The assets on the block could fetch Rs 6,000 crore […]

10 gram panchayats will go green: Himachal CM promises on I-Day – EQ

GAIL, BHEL sign pact for development of solar power projects

GAIL shall be the project developer and BHEL shall act as an engineering, procurement, construction and project management contractor BHEL shall also provide operation and maintenance services during the initial period upon becoming successful bidder New Delhi: State-owned gas utility GAIL India Ltd Friday said it has signed an agreement with Bharat Heavy Electricals Ltd […]

India hydro potential – EQ