22 March 2013

GAIL plans to set up a gas based fertilizer plant

Government owned Maharatna company GAIL (India) Limited plans to take advantage of new fertilizer policy. The company wants to continue its growth momentum and reach to a target of Rs.1,00,000 crore in revenues by 2017. To achieve this target GAIL management exploring new areas to enter and fertilizer sector is most attractive after the announcement of new fertilizer policy.

GAIL plans to setting up a gas based fertilizer unit to ensure optimum utilization of its pipeline infrastructure. The project development team has accordingly been advised to conduct the feasibility study of setting up a gas based fertilizer plant.

Presently GAIL has presence in following areas :-

1. Natural Gas
2. Liquid Hydrocarbon
3. LPG Transmission
4. Petrochemicals
5. City Gas Distrinution
6. E&P
8. Power

Stay tuned to Fertilizer News for more news on GAIL (India) Limited !

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