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44	44
45	45	= Business Overview =
46	46
	47	+== Natural gas Marketing ==
47	47
48		-Natural gas Marketing
	49	+The  company holds around 59% market share in India’s gas marketing business. Natural gas trading continues to be one of the primary focus areas of the company. During FY 2018-19, Natural Gas sales by GAIL totaled 96.93 MMSCMD, with sales within India being 86.39 MMSCMD.
49	49
50		-The  company holds around 59% market share in India’s gas marketing business.
51		-
52		-
53		-Natural gas trading continues to be one of the primary focus areas of the company. During FY 2018-19, Natural Gas sales by GAIL totaled 96.93 MMSCMD, with sales within India being 86.39 MMSCMD.
54		-
55		-
56	56	Out of 86.39 MMSCMD gas sold in India, domestic gas contributed around 61% and balance 39% was serviced by GAIL through imported long-term, mid-term and spot LNG volumes. Major consumers of natural gas include power plants, gas-based fertilizer plants, City Gas Distribution (CGD networks), LPG extraction plants, Petrochemicals and other industrial sectors.
57	57
	53	+**Sector-wise details are as below:**
58	58
59		-Sector-wise details are as below:
	55	+**Fertilizer Sector:** The company markets gas for around 75% of the fertilizers produced in the country. The company has firmed up Gas Supply Agreements with upcoming fertilizer plants for about 12 MMSCMD volume. The gas supply to one of the new brown field fertilizer plant started during FY 2018-19.
60	60
	57	+**Power Sector:** The company markets gas for 69% of the Natural Gas based power produced in the country. Consequent to the expiry of the PSDF Scheme of Ministry of Power for the gas based power sector in March 2017, GAIL continues to explore opportunities for supply of natural gas to gas based power generation units at affordable prices and is currently supplying around 4.5 MMSCMD of RLNG in addition to domestic gas to power plants.
61	61
62		-Fertilizer Sector: The company markets gas for around 75% of the fertilizers produced in the country. The company has firmed up Gas Supply Agreements with upcoming fertilizer plants for about 12 MMSCMD volume. The gas supply to one of the new brown field fertilizer plant started during FY 2018-19.
	59	+**City Gas Distribution:** The company has been authorized to supply domestic gas to all CGD networks for the purpose of CNG (transport) and PNG (Domestic). GAIL is currently supplying approx. 13.2 MMSCMD of domestic gas to the CGD sector and is catering to 29 CGD entities, covering 78 Geographical Areas (GAs). In addition the company is also supplying approx. 1.5 MMSCMD of RLNG to CGD entities.
63	63
64		-Power Sector: The company markets gas for 69% of the Natural Gas based power produced in the country. Consequent to the expiry of the PSDF Scheme of Ministry of Power for the gas based power sector in March 2017, GAIL continues to explore opportunities for supply of natural gas to gas based power generation units at affordable prices and is currently supplying around 4.5 MMSCMD of RLNG in addition to domestic gas to power plants.
	61	+== Transmission ==
65	65
66		-City Gas Distribution: The company has been authorized to supply domestic gas to all CGD networks for the purpose of CNG (transport) and PNG (Domestic). GAIL is currently supplying approx. 13.2 MMSCMD of domestic gas to the CGD sector and is catering to 29 CGD entities, covering 78 Geographical Areas (GAs). In addition the company is also supplying approx. 1.5 MMSCMD of RLNG to CGD entities.
	63	+=== Natural Gas Transmission ===
67	67
68		-
69		-Transmission
70		-
71		-
72		-Natural Gas Transmission
73		-
74	74	The company owns and operates a network of around 12,200 km of natural gas high pressure trunk pipeline. The average gas transmission volume during the year 2018-19 was 107.43 MMSCMD, compared to 105.23 MMSCMD in the previous financial year.
75	75
	67	+=== LPG Transmission ===
76	76
77		-LPG Transmission
78		-
79	79	The company owns and operates 2,038 km of exclusive pipelines for LPG transmission for third-party usage across two major networks. Jamnagar-Loni Pipeline (JLPL) and the Vizag-Secunderabad Pipeline (VSPL) together achieved a throughput of 3.97 MMTPA during the year against 3.72 MMTPA in the previous financial year.
80	80
	71	+== Petrochemicals ==
81	81
82		-Petrochemicals
83		-
84	84	The company has already doubled the polymer production capacity from 410 Kilo Tons per annum (KTA) to 810 KTA at Pata. The company’s Petrochemical subsidiary (70% equity holding by GAIL), Brahmaputra Cracker & Polymer Limited (BCPL) has a capacity of 280 KTA. The marketing right of the BCPL plant is with the company taking the total marketing portfolio to 1,090 KTA. Further, the company has a joint venture with ONGC and GSPC i.e. ONGC Petro- Additions Limited (OPAL) with a 1,400KTA capacity plant at Dahej. Overall production from the Pata Petrochemicals complex in 2018-19 was 751KTA. The company exported 110 KTA of polymers to Asian markets. The company's market share in the domestic polyethylene market has been maintained and is the second largest player in the Indian market with a portfolio of over 1,000 KTA of polyethylene. The company and BCPL together have a combined production share of 21.4% of the High Density and Liner Low Density Polyethylene market in the country. A combined volume of approx. 1000 KTA of polymers including that of BCPL was marketed by GAIL during the year.
85	85
	75	+== LPG and Other Liquid Hydrocarbons (LHC) ==
86	86
87		-LPG and Other Liquid Hydrocarbons (LHC)
88		-
89		-
90	90	The company has 5 LHC plants at four locations in the country having production capacity of 1.4 Million MTPA. In 2018-19, total liquid hydrocarbon production was about 1.32 Million MT, 90% of which comprised of LPG and Propane.
91	91
	79	+== Exploration & Production ==
92	92
93		-Exploration & Production
94		-
95	95	GAIL has participating interest in eleven E&P blocks and holds acreage of 2,425 sq. km as per its Participation Interest (P.I.) in various consortiums.
96	96
97		-
98	98	GAIL’s capital spending on key projects and capability building in E&P activities has put the Company significantly ahead in Cambay basin in terms of discoveries and commercial developments. The Company revisited the capital allocation plan for FY 2018-19 so as to undertake projects which are economically viable, have low risk and commensurate potential and as a result has successfully acquired one OALP-I block in Cambay basin with 100% Participation Interest.
99	99
	85	+== Renewable Energy ==
100	100
101		-Renewable Energy
102		-
103	103	The company is committed to reduce carbon emission and implement renewable projects. The company has a total installed capacity of 128.71 MW of alternative energy; out of which 117.95 MW are wind energy projects and 10.76 MWp is solar energy projects. The company is implementing 1.8 MWp captive Solar PV project at Vijaipur unit in Madhya Pradesh. The power generated from the plant will substitute power drawn from the grid which will help in cost reduction and also reducing the carbon footprints.
104	104
	89	+== City Gas Distribution ==
105	105
106		-City Gas Distribution
107		-
108	108	The company (including group companies) is currently authorized to operate in 62 number of Geographical Areas through-out India including metro cities of Delhi, Mumbai, Hyderabad, Bengaluru, Kolkata etc. These CGD networks together cater to around 62% of total 50 lakh domestic PNG connections in the country. Out of the total 1,730 CNG stations in the country, the company’s group operates 1,114 CNG stations representing 64% share. This year registered record addition of 6.83 lakh household PNG connections and 225 CNG stations
109	109
	93	+= National Gas Grid =
110	110
111		-Developing the National Gas Grid
112		-
113		-
114	114	The company is implementing the following major Natural Gas pipelines (approx. 4,900 km length) as part of the cross-country National Gas Grid:
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116		-1
	97	+1. Kochi-Kootanad-Bengaluru/Mangalore Pipeline (Phase-II, 879 km): Construction of Kochi to Mangalore pipeline (434 Km section) is in full swing and is expected to be completed by September 2019.
	98	+1. Vijaipur-Auraiya-Phulpur Pipeline: In order to de-bottleneck the upstream network of the JHBDPL project, a parallel pipeline from Vijaipur to Auraiya and upto Phulpur (672 km) is under execution in phases. Phase-1 from Auraiya to Phulpur (24” x 315 km) is completed. The company has also awarded orders to execute phase-2 of the pipeline, from Vijaipur to Auraiya and the work is in progress and it is expected to be completed by Dec-2020.
	99	+1. Jagdishpur- Haldia & Bokaro-Dhamra Pipeline (JHBDPL) (2,655 km) and Barauni- Guwahati Pipeline (729 km) section as an integral part of JHBDPL: The pipeline shall pass through the Eastern part of U.P., Bihar, Jharkhand, Odisha, West Bengal and Assam. This pipeline shall supply gas to fertilizer plants at Gorakhpur, Barauni and Sindri. The pipeline shall have two gas sources, one at Phulpur (Allahabad, U.P.) and the other at Dhamra RLNG Terminal (Odisha). The capacity of the pipeline network is 16 MMSCMD. Physical progress is in line with the envisaged schedule.
117	117
	101	+= Financial Highlights =
118	118
119		-Kochi-Kootanad-Bengaluru/Mangalore Pipeline (Phase-II, 879 km): Construction of Kochi to Mangalore pipeline (434 Km section) is in full swing and is expected to be completed by September 2019.
120		-
121		-
122		-Vijaipur-Auraiya-Phulpur Pipeline: In order to de-bottleneck the upstream network of the JHBDPL project, a parallel pipeline from Vijaipur to Auraiya and upto Phulpur (672 km) is under execution in phases. Phase-1 from Auraiya to Phulpur (24” x 315 km) is completed. The company has also awarded orders to execute phase-2 of the pipeline, from Vijaipur to Auraiya and the work is in progress and it is expected to be completed by Dec-2020.
123		-
124		-3
125		-
126		-Jagdishpur- Haldia & Bokaro-Dhamra Pipeline (JHBDPL) (2,655 km) and Barauni- Guwahati Pipeline (729 km) section as an integral part of JHBDPL: The pipeline shall pass through the Eastern part of U.P., Bihar, Jharkhand, Odisha, West Bengal and Assam. This pipeline shall supply gas to fertilizer plants at Gorakhpur, Barauni and Sindri. The pipeline shall have two gas sources, one at Phulpur (Allahabad, U.P.) and the other at Dhamra RLNG Terminal (Odisha). The capacity of the pipeline network is 16 MMSCMD. Physical progress is in line with the envisaged schedule.
127		-
128		-
129		-Financial Highlights
130		-
131		-
132	132	On February 10, 2020 ; GAIL (India) Ltd has reported a ₹2,029.51 crore consolidated net profit for the third quarter of financial year 2019-2020. This is 12.94 per cent higher than the ₹1,797.04 crore net profit reported by the company in the corresponding quarter of the previous fiscal. The rise in profit is mainly due to better physical performance and better margins in gas marketing and liquid hydrocarbons, a company statement said.
133	133
134	134	[[https:~~/~~/www.thehindubusinessline.com/companies/gail-reports-202951-cr-net-profit-in-third-quarter/article30782387.ece>>url:https://www.thehindubusinessline.com/companies/gail-reports-202951-cr-net-profit-in-third-quarter/article30782387.ece]]