State-owned GAIL India Ltd is eyeing expansion in petrochemicals, speciality chemicals and renewables as it pivots to expand the business beyond natural gas, its chairman Manoj Jain said. GAIL transports over 70% of all gas shipped in the country through its 13,340-km network of natural gas trunk pipelines. It sells 55% of all natural gas in the country and has petrochemical plants in Pata (Uttar Pradesh) and Lepatkata (Assam). Jain said GAIL is setting up its first compressed biogas (CBG) plant in Ranchi at a cost of ₹200-300 crore. “The gas produced will be fed into the city gas network supplying CNG to automobiles and piped natural gas to households.
Source: Mint July 04, 2021 20:37 UTC