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GAIL receives Dun & Bradstreet Award

20
Mar '08
GAIL (India) Limited has been selected as the top Indian company in the Gas-Processing, Transmission and Marketing Sector for the Dun & Bradstreet Corporate Awards 2007.

Dr. U. D. Choubey, Chairman and Managing Director, GAIL received the award on behalf of GAIL from Mr. Manoj Vaish, President & CEO, Dun & Bradstreet, India. This is the second time that GAIL has received this award.

The corporate awards have been launched to recognize the twin virtues of size and growth in the top organizations of corporate India.

The awards recognized the best organizations spread across various sectors such as Oil and Gas Exploration, Power Generation, Banks, Software and IT, Fertilizers, Cement, FMCG and others.

GAIL is India's premier Natural Gas company. Having started as a gas transmission company during the late eighties, it has grown organically over the years by building a large network of Natural Gas trunk Pipelines covering a length of around 6700 km. with a capacity to carry 148 MMSCMD of natural gas across the country.

GAIL's share of gas transmission business is 79% and the Company holds 70% market share in gas marketing in India. The Company is also planning to lay 5 new pipelines and in addition, augmentation of 3 existing pipelines is also being taken up. This will lead to doubling of pipeline length and transmission capacity in the next 4 to 5 years.

Apart from natural gas, GAIL has interests in the business, LPG, Liquid Hydrocarbons and Petrochemicals, the latter being value-added products.


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