GAIL eyes petrochem to boost growth

 The nation’s largest gas marketer and shipper has adopted a revised strategic plan identifying priority business initiatives. “This strategic plan will help us to address our challenges in changing industry scenarios and provide new areas for growth with geographic expansion,” he said in its annual report.

 GAIL transports over 70 per cent of all gas shipped in the country through its network of 12,426-km network of natural gas trunk pipelines. It sells 55 pc of all natural gas in the country and petrochemical plants at Pata and Lepatkata in Assam that gives it a 17.5 pc market share. It has a small portfolio of wind and solar power generation capacity.