GAIL India Limited

GAIL

INE129A01019

Natural Gas Utilities

Market Closed - NSE India S.E. Other stock markets 05:27:36 19/01/2026 pm IST			5-day change	1st Jan Change
164.72 ^INR	+0.29%		-1.10%	-4.32%

23/12	M V K Agro Food Product enters agreement with MNGL and GAIL for Biogas Supply	RE
23/12	Gail, Government of Chhattisgarh and GAIL sign MoU to develop a gas-based fertilizer project in Chhattisgarh	RE

MAIRE's subsidiaries TECNIMONT and NEXTCHEM start- up GAIL's first green hydrogen plant at Vijaipur site, India

Published on 07/11/2024 at 07:51 pm IST - Modified on 07/11/2024 at 07:52 pm IST

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GAIL India Limited

+0.29%

Tecnimont Private Limited, the Indian subsidiary of Tecnimont (Integrated E&C Solutions), and NEXTCHEM (Sustainable Technology Solutions) announce that the first green hydrogen production plant for the client GAIL (India) Limited was inaugurated at Vijaipur, Madhya Pradesh, India.

The project, awarded in May 2022 and implemented by Tecnimont Private Limited in collaboration with NEXTCHEM, marks a significant step towards low carbon energy solutions in India. The facility will produce 4.3 tons per day of green hydrogen via 10 megawatt-based electrolysers, making the state-owned gas utility GAIL the first company to start megawatt-scale operations for the production of green hydrogen.

The GAIL Vijaipur plant aligns with India's Hydrogen Mission of achieving at least 5 million tons of annual green hydrogen production capacity by 2030. India aims to become energy independent by 2047 and to achieve Net Zero by 2070. Green hydrogen is considered a strategic enabler of the energy transition: in fact, it can be utilized for long-duration storage of renewable energy, replacement of fossil fuels in industry, clean transportation, and potentially also for decentralized power generation, aviation, and marine transport.

Vijaipur Green Hydrogen will be NEXTCHEM's reference plant to pursue additional energy transition prospects in India.

Alessandro Bernini, MAIRE Group CEO, commented: 'We are extremely proud for this achievement, which best positions MAIRE in India for prospects in the energy transition space, having contributed to the implementation of the largest green hydrogen plant in the Country. Our strong presence in India counting on over 3,000 people, makes the Group at the forefront in proposing sustainable solutions for the national industry'.

Contact:

Tel: +39 02 6313-7823

Email: investor-relations@mairetecnimont.it

MAIRE S.p.A. leads a technology and engineering group that develops and implements innovative solutions to enable the Energy Transition. We offer Sustainable Technology Solutions and Integrated E&C Solutions in nitrogen fertilizers, hydrogen, circular carbon, fuels, chemicals, and polymers. MAIRE creates value in 45 countries and relies on over 8,300 employees, supported by over 20,000 people engaged in its projects worldwide. MAIRE is listed on the Milan Stock Exchange (ticker 'MAIRE').

Latest news about GAIL India Limited

23/12	M V K Agro Food Product enters agreement with MNGL and GAIL for Biogas Supply	RE
23/12	Gail, Government of Chhattisgarh and GAIL sign MoU to develop a gas-based fertilizer project in Chhattisgarh	RE
23/12	Government of Chhattisgarh and Gail Limited Joins Hands for Development of Greenfield Gas-Based Fertil Project in the State of Chhattisgarh	CI
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Chart GAIL India Limited

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GAIL: Dynamic Chart

Company Profile

GAIL India Limited is Asia's n°1 of transmission and distribution of natural gas. Net sales break down by activity as follows: - natural gas trading (70.5%); - petrochemistry (7.1%): especially polymers ; - gas transmission (6.8%): natural gas (90.2% of the net sales; detention, and liquefied petrol gas (9.7%); - exploration and production of hydrocarbons (5.4%); - other (10.2%) : primarily final distribution of natural gas and telecommunications services.

Employees

5,010

Sector

Natural Gas Utilities

Calendar

29/01 - Q3 2026 Earnings Release (Projected)

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