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GAIL eyes to build 1 GW renewable energy portfolio - The Hindu BusinessLine

GAIL eyes to build 1 GW renewable energy portfolio - The Hindu BusinessLine
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Madhya pradeshUttar pradeshManoj jainCarbon clean solutions ltdSolar energy corporation of indiaGail india ltdManaging director manoj jainPrime ministerSolar energy corporationCarbon clean solutionsமத்யா பிரதேஷ்உத்தர் பிரதேஷ்மனோஜ் ஜெயின்கார்பன் சுத்தமான தீர்வுகள் லிமிடெட்சூரிய ஆற்றல் நிறுவனம் ஆஃப் இந்தியாகெயில் இந்தியா லிமிடெட்

Green to Greener: GAIL eyes 1 GW renewable energy capacity, to set up biogas, ethanol plants

Green to Greener: GAIL eyes 1 GW renewable energy capacity, to set up biogas, ethanol plants
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Madhya pradeshUttar pradeshManoj jainCarbon clean solutions ltdIndia ltdSolar energy corporation of indiaManaging director manoj jainPrime ministerSolar energy corporationCarbon clean solutionsமத்யா பிரதேஷ்உத்தர் பிரதேஷ்மனோஜ் ஜெயின்கார்பன் சுத்தமான தீர்வுகள் லிமிடெட்இந்தியா லிமிடெட்சூரிய ஆற்றல் நிறுவனம் ஆஃப் இந்தியா

GAIL split plan scrapped, company to monetise pipelines instead

A proposal to bifurcate state-owned gas utility GAIL (India) Ltd has been scrapped for now, and instead the company will monetise some of its pipelines by selling a minority stake through InvIT. GAIL Chairman and Managing Director Manoj Jain said the company has sent a plan for monetising two of its pipelines to the Ministry of Petroleum and Natural Gas and an Infrastructure Investment Trust (InvIT) is possible within the current fiscal if approvals come soon. GAIL is India s biggest natural gas marketing and trading firm and owns nearly three-fourths of the country s 17,126-km gas pipeline network, giving it a stranglehold on the market.

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GAIL s Q4 net jumps 28% to Rs 1,908 cr as petrochemical margins soar

Top headlines: GAIL Q4 net jumps 28%; heavy rains leave Mumbai waterlogged

GAIL net profit jumps 28% in Q4 State-owned gas utility GAIL (India) on Wednesday reported 28 per cent jump in March quarter net profit as petrochemical margins soared and gas marketing business turned around on rise in international prices. Net profit in January-March at Rs 1,907.67 crore is compared with Rs 1,487.33 crore net profit in the same period a year ago, GAIL Chairman and Managing Director Manoj Jain said on a call with reporters. Inflows in equity MFs at 14-month high in May Equity mutual funds witnessed a net inflow of over Rs 10,000 crore in May, making it the highest infusion in 14 months, due to rally in stock markets on the back of declining COVID-19 cases and robust quarterly earnings. This is also marks the third consecutive monthly inflow after Rs 3,437 crore net inflow seen in April and Rs 9,115 crore in March, data from the Association of Mutual Funds in India (Amfi) showed on Wednesday.

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