GAIL Gas wins ‘City Gas Distribution- Established Company of the Year’ award by FIPI

New Delhi: GAIL Gas Limited has been awarded the 'City Gas Distribution – Established Company of the Year' by the Federation of Indian Petroleum Industry (FIPI). The award was given by Union Minister of Petroleum & Natural Gas and Steel Dharmendra Pradhan to GAIL (India) Limited's Chairman & Managing Director (CMD) Manoj Jain and GAIL Gas's Chief Executive Officer MV Ravi Someswarudu at the FIPI Oil & Gas Industry Annual Awards 2020 ceremony held here.

The award recognises leadership in performance by operating City Gas Distribution (CGD) network for distribution of Natural Gas to consumers in the domestic, industrial, transport and commercial sectors in a Geographical Area (GA) in India during the year of the award.

GAIL Gas Limited

GAIL Gas Limited, a 100 percent subsidiary of GAIL (India) Limited, has been implementing city gas distribution network in around 52 cities/towns in 23 geographical areas authorised by PNGRB. Along with its JVCs, it is providing PNG supply to approx. 4.64 Lakhs households and has set-up 166 CNG stations. It is also promoting fuel cell technology having a lesser carbon footprint. GAIL Gas is actively promoting the Sustainable Alternative Towards Affordable Transportation (SATAT) scheme of Gol and has issued 33 LoIs till date. GAIL Gas is also setting up LNG/ LCNG Stations along the Golden Quadrilateral highway.

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GAIL Gas has registered considerable growth in infrastructure, volumes, turnover and profit during 2018-19 and 2019-20. The company added 52 new CNG stations and over 1 Lakh domestic PNG connection recording a growth of 90% and 53% respectively during 2019-20. The company has ensured safety at its work with accident-free operations.

Disclaimer: This story is a press release and is being published without any editing by PSU Watch desk. Our editorial team has only changed the headline.

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