New Delhi: GAIL (India) Limited has bagged the National Award for Excellence in Cost Management from the Institute of Cost Accountants of India (ICAI) for the fourth consecutive year.

The award, presented by Union Minister for Commerce & Industry Piyush Goyal, has been received by GAIL's Director (Finance) RK Jain and Director (Projects) Deepak Gupta on behalf of GAIL on April 20.

GAIL (as an organization) got the second position in the 17th National Award for Excellence in Cost Management 2019 in Manufacturing – Public Sector – Mega whereas Jamnagar Loni Pipeline (JLPL) got the first position in Service Sector -Transportation and Logistics. The awards are presented annually to corporate entities in their journey towards excellence in cost management and cost management practices.

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