GAIL Full Form: What is the Full Form of GAIL
Full Form of GAIL: Here in this post we are going to discuss about GAIL, What is GAIL Full Form, History, Operations and Subsidiaries etc.
GAIL Full Form
Gas Authority of India Limited
GAIL full form is Gas Authority of India Limited. GAIL is one of the leading companies which operate in processing and distribution on natural gas. Gas Authority of India Limited is a public sector company which is incorporated on 16th of august 1984 and the head office of GAIL is situated in New Delhi.
Administration and control of GAIL is in the hand of Ministry of Petroleum and Natural Gas. The share of Gas Authority of India Limited (GAIL) is listed in National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
History of GAIL
- Gas Authority of India Limited was incorporated on 16th of august 1984 by Ministry of Petroleum and Natural Gas.
- GAIL brought his IPO in National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in 1996.
- In 1997 GAIL started his city gas distribution from New Delhi.
- Gas Authority of India Limited got the permission to build world largest LPG Transmission pipeline from Jamnagar (Gujrat) to Loni (Uttar Pradesh) in 2001.
- In 2002 Gas Authority of India Limited was renamed as GAIL (India) Limitd.
- In 2004, GAIL established his first fully owned subsidiary in Singapore named GAIL Global (Singapore) Private Limited.
- Gas Authority of India Limited was awarded by Meritorious Award for the best corporate governance in 2009.
- Gas Authority of India Limited (GAIL) was granted as Maharatna Status by Government of India on 13th February 2013.
Operations of GAIL
- Natural gas production
- Natural gas distribution
- Liquid Petroleum Gas production
- Distribution of Liquid Petroleum Gas distribution
- Liquid Hydrocarbons
- City Gas Distribution
Here we disscussed about the full form of GAIL and their operations. Hope you guys like this informations. If you want information about any other Full Form then please comment in comment box.
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