GAIL Sees Flat Capex For 2025-26, Boosts Spend On Renewables And Petchem

GAIL (India) Ltd. expects a slight increase in capital expenditure to ₹107 billion in 2025-26 from ₹105.12 billion in 2024-25, the company said.

However, operational capex is set to drop sharply to ₹19 billion from ₹45.70 billion last year. GAIL plans to ramp up spending in areas like renewables, petrochemicals, and pipeline infrastructure.

Capex for renewable energy will jump to ₹12 billion in 2025-26 from just ₹770 million in 2024-25. Pipeline investment is projected at ₹27.50 billion, up from ₹22.44 billion last year.

Petrochemicals will get the highest allocation at ₹30 billion, a 13% rise on year, while equity investments will more than double to ₹14 billion.