GAIL is Asia’s No. 1 Gas Utility Company, GAIL
Release Date: 2010-11-08
New Delhi, November 6, 2010. GAIL (India) Limited has been ranked no.1 company among gas utilities in Asia in the Platts Global Ranking of Energy Companies. This is the first time ever that GAIL has bagged the Numero Uno position amongst gas utilities in Asia. GAIL also bettered its previous rank of 5th by inching up four notches. In the 2010 rankings, GAIL moved past heavyweights like Tokyo Gas, Osaka Gas Co., Hong Kong & China Gas, Korea Gas Corp. The award was conferred upon GAIL on 2nd November 2010 at a glittering ceremony held in Singapore to celebrate Asian winners in the Top 250 list of Platts.
The Company has also been ranked second among gas utilities globally. This year, GAIL moved 3 notches higher than its previous ranking from fifth to second among all gas utilities globally.
Among Energy Companies, which include companies other than Gas utilities also, GAIL has been ranked 22nd in overall performance in the Asia region.
The Platts Top 250 recognizes outstanding financial performance for the previous year amongst listed energy companies. Platts assessed the world’s top performing energy companies on a combination of Asset Worth, Revenues, Profits and Return on Invested Capital and ranked 250 Top scorers. The company rankings, in Asia and globally, are across various industry categories such as Coal and Consumable Fuels, Diversified Utility, Electric utility, Exploration & Production, Gas utility, Independent Power Producer, Integrated Oil and Gas, Refining and Marketing and Storage and Transfer.
| Type: | NORMAL |
| Company: | GAIL |
| Country: | India |