GAIL (India) Limited
- GAIL was established as a Central Public Sector Undertaking in 1984.
- Initially focused on the construction, maintenance, and operation of the Hazira Jagdishpur pipeline project.
- Mission is “Enhancing quality of life through clean energy and beyond.”
- Manages a network of approximately 14,488 km of natural gas pipelines.
- Engaged in multiple pipeline projects to extend GAIL’s reach.
- Commands around 70% market share in gas transmission projects and approximately 50% in gas trading nationwide.
- GAIL is also expanding into renewable energy sectors such as Solar, Wind, and Biofuel.
Maharatna Companies in India
Maharatna companies in India are a distinct category among Public Sector Undertakings. The term “Maharatna”, which means “a great jewel” in Hindi, highlights the importance of these companies in the national economy and their impact globally. To have the Maharatna status, companies must meet specific criteria set by the Indian government, including already holding Navratna status, being listed on India’s stock exchange with a minimum prescribed public shareholding, and maintaining strong financial performance.
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