The company was previously known as Gas Authority of India Ltd. It is India'sprincipal gas transmission and marketing company. It was set up by theGovernment of India in August 1984 to create gas sector infrastructure. GAILIndia is the country’s largest gas transmission company and handled 82million standard cubic meters per day (mmscmd) out of the 111 mmscmd of gas supplies in FY08. The company has a pipeline network of 7,000 kms in place. Its pipeline is thelifeline for major gas consumers from the power and fertilizer sectors. It hasalso ventured into upstream gas exploration business in order to reducedependency on a single source of supply and has secured 30 explorationblocks. GAIL is a significant player in downstream petrochemicals businesswith a production capacity of 410,000 tons per annum. It is also an earlymover in city gas distribution with 8 joint ventures and a wholly ownedsubsidiary, GAIL Gas, is being incorporated. The company has plans to enterinto more than 230 cities.GAIL is listed by Forbes as one of the world's 2,000 largest public companiesin 2007.GAIL commissioned the 2800-km Hazira-Vijaipur-Jagdishpur (HVJ) pipeline in1991. During 1991-93, three liquefied petroleum gas (LPG) plants wereconstructed and some regional pipelines acquired, enabling GAIL to begin itsgas transportation in various parts of India.GAIL began its city gas distribution in New Delhi in 1997 by setting up ninecompressed natural gas (CNG) stations.In 1999, GAIL set up northern India's only petrochemical plant at Pata.
GAIL (India) Limited
is India's flagship Natural Gas company, integrating allaspects of the Natural Gas value chain (including Exploration & Production,Processing, Transmission, Distribution and Marketing) and its relatedservices. GAIL is also expanding its business to become a player in theInternational Market. The company dominates the gas sector, transporting95% of the total piped gas. It also operates seven plants to process naturalgas into LPG, apart from having a small presence in the petrochemicals andoil & gas exploration sectors. Company has expanded its operations into gasprocessing, petrochemicals, liquefied petroleum gas transmission andtelecommunications. It has also extended its presence in power, liquefiednatural gas re-gasification. Company has set up Gas Technology Institute2