GAIL (India) has installed its first Green Hydrogen Plant at GAIL Vijaipur in Madhya Pradesh. This Green Hydrogen plant is having a capacity of producing 4.3 TPD of Hydrogen, through 10MW PEM (Proton Exchange Membrane) Electrolyzer units, by electrolysis of water using renewable power. The purity of hydrogen from this plant shall be 99.999% (by vol.) and will be produced at a pressure of 30 Kg/cm2.Initially the hydrogen produced from this unit shall be used as a fuel along with Natural Gas for captive purpose in the various processes and equipment running in the existing plant at Vijaipur. Further, this hydrogen is planned to be dispensed to retail customers in the nearby geographies, transported through high pressure cascades.Besides sourcing renewable power through open access, GAIL is also setting up around 20 MW Solar power plants at Vijaipur (both Ground Mounted and Floating) to meet the requirement of green power for the 10 MW PEM Electrolyzer. Powered by Capital Market - Live News

Net profit of GAIL (India) rose 289.28% to Rs 2468.71 crore in the quarter ended March 2024 as against Rs 634.18 crore during the previous quarter ended March 2023. Sales declined 1.36% to Rs 32756.32 crore in the quarter ended March 2024 as against Rs 33206.62 crore during the previous quarter ended March 2023.For the full year,net profit rose 76.27% to Rs 9899.22 crore in the year ended March 2024 as against Rs 5616.00 crore during the previous year ended March 2023. Sales declined 8.54% to Rs 133228.46 crore in the year ended March 2024 as against Rs 145668.30 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales32756.3233206.62 -1 133228.46145668.30 -9 OPM %11.751.67 -10.735.14 - PBDT4340.041319.77 229 16267.019957.95 63 PBT3099.27688.91 350 12595.017256.38 74 NP2468.71634.18 289 9899.225616.00 76 Powered by Capital Market - Live News

GAIL (India) will hold a meeting of the Board of Directors of the Company on 16 May 2024Powered by Capital Market - Live News

GAIL (India) announced that the company has been upgraded from C to B level in CDP Global ESG Rating. Powered by Capital Market - Live News

GAIL (India) announced that the Board of Directors of the Company at its meeting held on 29 January 2024, inter alia, have recommended the interim dividend of Rs 5.5 per equity Share (i.e. 55%) , subject to the approval of the shareholders.Powered by Capital Market - Live News