Overview
- GAIL and Oil India executed the extended agreement on July 10 in New Delhi, formalizing their collaboration under the Ministry of Petroleum & Natural Gas.
- The 15-year pact, effective July 1, secures long-term supply of up to 900,000 Standard Cubic Meters per Day of natural gas from the Bakhri Tibba block in Rajasthan.
- The sourced gas will fuel a state-owned power plant operated by Rajasthan Rajya Vidyut Utpadan Nigam Limited.
- The deal builds on GAIL’s 16,421-km pipeline network and growing LNG portfolio to distribute more domestic gas.
- The agreement underscores India’s strategy to strengthen domestic energy security, expand infrastructure and cut reliance on imports.