By BasisPoint Insight
July 11, 2025 at 9:54 AM IST
GAIL (India) Ltd. has extended its gas sale and purchase agreement with Oil India Ltd. for another 15 years, starting July 1, 2025, the company said in a filing Wednesday.
Under the renewed agreement, Oil India will continue supplying up to 900,000 standard cubic meters per day of natural gas from its Bakhri Tibba Block in Rajasthan, which includes the Dandewala, Tanot, and Bagi Tibba fields. The gas will be used by Rajasthan Rajya Vidyut Utpadan Nigam Ltd. for power generation, GAIL said.