GAIL's Petrochemical Expansion and Sustainability Initiatives
Key Ideas
  • GAIL is diversifying its petrochemical portfolio with projects like 500 KTA PDHPP, 60 KTA Poly-propylene plant, and more to ensure robust growth.
  • Financially, GAIL's petrochemical business has seen a positive turnaround in FY 2024 with significant production and sales growth.
  • The company is actively integrating sustainable practices by investing in a C2/C3 liquid pipeline, green hydrogen electrolyser, and aiming for a Net Zero target by 2035.
  • GAIL is expanding its operations with LNG supply agreements, new natural gas pipelines, and projects like the 1G ethanol plant and coal gasification for a greener future.
GAIL (India) Limited is making significant strides in the Indian petrochemical industry by expanding its portfolio with projects like the 500 KTA PDHPP, 60 KTA Poly-propylene plant, and more. The company's petrochemical business has shown positive growth in FY 2024, with a substantial increase in production and sales. Financially, GAIL reported impressive figures, including a rise in Profit before Tax and Profit after Tax. GAIL is focusing on sustainability by investing in initiatives like the C2/C3 liquid pipeline and achieving a Net Zero target by 2035. Notably, GAIL has set up the country's first MW scale Green Hydrogen electrolyser in Vijaipur, demonstrating its commitment to renewable energy. The company is also exploring new ventures such as LNG supply agreements, natural gas pipeline expansion, and projects for CO2 valorization and coal gasification. With a strong emphasis on research and development, GAIL is paving the way towards a greener and more sustainable future.
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