GAIL (India) signs a memorandum of understanding (MoU) with Indian Farmers Fertilizer Cooperative (IFFCO) for collaboration in natural gas division connected prospects in India.

GAIL India has brought forth its borrowing plan worth $134 million from the US Export Credit Agency (ECA) to finance shortened capital expenses assigned for 2009-10 financial year.

GAIL India, Government-led gas transmission entity has bagged the Supreme Court’s consent to set up a pipeline for carrying natural gas to a power project that will provide power for the Commonwealth Games in Delhi that are supposed to take place next year.

GAIL India has seen fair gains on the BSE today.

Petronet LNG presently trades at Rs 36.45 up by 0.35 points or 0.97% from its previous closing of Rs 36.10 on the BSE.

India’s largest liquefied natural gas (LNG) importer, Petronet LNG has doubled the capacity of its LNG terminal at Dahej in Gujarat to 10 millions tonnes.

The supply of natural gas from GAIL to Gujarat Gas has slashed to about 2% of the normal levels of 2.27 mmscmd under two separate contracts due to the constant imprecise strike by the Oil Sector Officers,

General Electric Co. (GE), which has been infighting with Ratnagiri Gas and Power Pvt. Ltd (RGPPL) over the supply of purportedly faulty turbines, has admitted that the equipment supplied to the project is different from at least a thousand such units sold in other markets.

Due to the strike by the oil companies, power supply in the Capital has gone for a toss.

Kalpataru Power Transmission (KPTL) has bagged a very prominent gas pipeline contract in India for biggest diameter size from GAIL.