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India Gazette
20 hours ago
- Business
- India Gazette
GAIL becomes first Maharatna PSU to go live with
New Delhi [India], June 27 (ANI): GAIL (India) on Friday announced it has successfully gone live with SAP S/4 HANA in a formal launch earlier this week. The launch event was graced by Sandeep Kumar Gupta, Chairman and Managing Director, GAIL, in besides R.K. Jain, Director (Finance), GAIL; Deepak Gupta, Director (Projects), GAIL; Ayush Gupta, Director (HR), GAIL; Sanjay Kumar, Director (Marketing), GAIL; Rajeev Kumar Singhal, Director (BD), GAIL; and Rajnesh Singh, Chief Vigilance Officer, GAIL. Joining them on this landmark occasion were Manish Prasad, President and Managing Director, SAP, Indian Subcontinent and other distinguished seniors from GAIL and SAP, who witnessed this significant digital milestone in GAIL's transformation journey. Speaking on the occasion, Sandeep Kumar Gupta, Chairman and Managing Director, GAIL, remarked, 'This is a strategic leap forward that will help us deliver even greater value to our customers, employees and stakeholders.' With this initiative christened 'Navodaya', GAIL said it became the first Maharatna PSU to achieve this milestone. Despite the complexities involved, the implementation and migration have been completed within the scheduled time of one year, it noted. Rakesh Kumar Jain, Director (Finance), GAIL, highlighting the benefits of this new enterprise said 'This transition to a cloud-enabled intelligent ERP system is not about technology - it's about building a stronger, smarter, and more agile enterprise.' Hosted on a robust and scalable cloud platform, this strategic migration, according to GAIL, involved a full transition from the company's legacy ECC system to the next-generation SAP S/4HANA Cloud, strengthening GAIL's IT foundation for future growth and innovation. In his address, Manish Prasad, President and Managing Director, SAP, Indian Subcontinent, said, 'This landmark achievement will help GAIL grow exponentially in efficiency and the journey of AI to achieve new heights.' With this move, GAIL said it is positioned to leverage intelligent technologies such as artificial intelligence, machine learning, and advanced automation--reinforcing its commitment to operational excellence, digital innovation, and resilience in today's dynamic business landscape. (ANI)
Business Upturn
2 days ago
- Business
- Business Upturn
GAIL becomes first Maharatna PSU to go live with SAP S/4HANA on Cloud
By Aditya Bhagchandani Published on June 26, 2025, 15:12 IST Shares of GAIL (India) Limited are expected to remain in focus on Wednesday, June 26, after the company announced a significant digital transformation milestone. GAIL has become the first Maharatna PSU to successfully go live with SAP's 'RISE with SAP – S/4HANA on Cloud' platform. The formal go-live event took place on June 25, 2025, and was led by Chairman and Managing Director Sandeep Kumar Gupta along with key members of the leadership team and senior SAP officials. The digital initiative, named 'Navodaya,' marks GAIL's transition from its legacy ECC system to the next-generation cloud-based ERP system. Company management highlighted that the migration, completed within one year, will enhance operational efficiency, scalability, and agility. The new platform will allow GAIL to leverage AI, machine learning, and advanced automation tools to strengthen its IT infrastructure for future growth. GAIL's Director (Finance) R.K. Jain emphasized that the move is not just about technology but about building a smarter and more resilient organization. SAP India's MD Manish Prasad noted that the implementation will help GAIL unlock new levels of efficiency and drive its AI-led transformation journey. Investors are likely to track the stock's movement today following this development. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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Business Standard
06-06-2025
- Business
- Business Standard
GAIL discharges first LNG vessel at Dabhol Terminal in monsoon season
GAIL (India) Ltd has successfully discharged its first liquefied natural gas (LNG) vessel at the Dabhol LNG Terminal following the completion of its Breakwater Project, enabling operations even during the Southwest monsoon. The vessel GAIL Bhuwan arrived on June 2, 2025, and was received by Chairman and Managing Director Sandeep Kumar Gupta, along with Director (Marketing) Sanjay Kumar. This development marks the start of uninterrupted, year-round operations at the terminal, the company said in a regulatory filing. With the breakwater now fully operational and all statutory approvals secured, the Dabhol Terminal has officially been designated an all-weather port. This enables safer, more reliable LNG handling throughout the year—particularly during monsoon months, when marine activity along India's western coast is typically disrupted. Strategic hub in India's gas grid Located on Maharashtra's coastline, the Dabhol LNG Terminal is a critical component of India's natural gas infrastructure. It currently has a regasification capacity of 5.0 million metric tonnes per annum (MMTPA), feeding into the national grid via the Dabhol–Bangalore and Dabhol–Panvel pipelines. Unlike conventional land-connected systems, Dabhol's island breakwater design is a feat of advanced marine engineering. GAIL noted that the project overcame multiple technical challenges through innovative, customised solutions and collaboration across various stakeholders. The commissioning of the breakwater is expected to significantly boost vessel access and improve capacity utilisation, helping reinforce India's energy supply chain. Q4 financial performance On May 13, GAIL reported a consolidated net profit of ₹2,491.76 crore for the quarter ended March 31, 2025 (Q4 FY25), marginally up from ₹2,468.71 crore in Q4 FY24. Sequentially, however, net profit dropped nearly 39 per cent from ₹4,081.56 crore reported in Q3 FY25. Consolidated revenue from operations rose 11.3 per cent year-on-year to ₹36,551.15 crore in Q4 FY25, though slightly down from ₹36,937.05 crore in the previous quarter.
The Hindu
06-06-2025
- Business
- The Hindu
With breakwater in place, GAIL's Dabhol LNG Terminal turns all weather port, receives first vessel in monsoon
State-owned GAIL India's Dabhol LNG Terminal received its first liquefied natural gas cargo during monsoon on the back of commissioning of a crucial breakwater. With the commissioning of the breakwater, the terminal has been designated an all-weather port. It is a critical transformation ensuring safe and reliable LNG operations even during the Southwest monsoon, which traditionally is a challenging period for marine logistics on India's West coast, GAIL said on Friday. It said this announcing that the first LNG vessel was successfully berthed and discharged at the Dabhol LNG Terminal following completion of the breakwater project. GAIL Bhuwan, the vessel, was received on June 2 by CMD Sandeep Kumar Gupta and Director (Marketing) Sanjay Kumar, marking commencement of uninterrupted, round-the-year operations at the terminal, the natural gas transmission and marketing company said. With regasification capacity of 5 million tonnes per annum, the LNG Terminal serves as a vital link in India's gas supply network via the Dabhol-Bangalore and Dabhol-Panvel cross-country pipelines. Unlike conventional land-connected structures, Dabhol is an island breakwater showcasing a feat of advanced marine engineering and involving extensive collaboration among multiple stakeholders. The ambitious project posed complex technical challenges and required innovative, customised solutions, GAIL said. Expansion on cards The commissioning of the facility is expected to significantly enhance vessel accessibility and improve capacity utilisation at the terminal, bolstering energy infrastructure and supply reliability. GAIL is considering expanding the terminal's capacity to 6.3 MTPA in the first phase over next three years. Once expanded, the terminal is expected to handle up to 100 LNG cargoes annually, something important in the context of India's target to increase natural gas consumption to 15% in its energy mix from existing 6%.
Time of India
06-06-2025
- Business
- Time of India
GAIL operates Dabhol LNG terminal in monsoon for the first time, receives LNG ship
India's biggest gas utility GAIL has started operating its 5 million tonnes a year liquefied natural gas (LNG) import terminal at Dabhol in Maharashtra at full capacity as it received its first ever cargo at the facility during monsoon. The company had to shut the Ratnagiri terminal, popularly known as the Dabhol LNG plant, for four months from May 25 each year to avoid high swell in the sea damaging ships or the jetty while berthing. The firm has now completed building a breakwater to guard the ships during the monsoon season. "GAIL (India) Limited has successfully berthed and discharged its first LNG vessel at the Dabhol LNG terminal following the completion of the landmark breakwater project," the company said in a statement. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Container Houses Indonesia (Prices May Surprise You) Container House | Search ads Search Now Undo The vessel, GAIL Bhuwan, was received on June 2, 2025, by GAIL Chairman and Managing Director Sandeep Kumar Gupta and GAIL Director (Marketing) Sanjay Kumar, marking the commencement of uninterrupted, round-the-year operations at the terminal. Gupta had last month stated that the breakwater was complete and the company had applied for an all-weather terminal status with the authorities. The approval has now come, allowing the import of LNG during the monsoon period as well. Live Events "With the commissioning of the breakwater after receipt of all statutory approvals, Dabhol LNG terminal has now been designated an all-weather port which is a critical transformation that ensures safe and reliable LNG operations even during the Southwest monsoon, traditionally a challenging period for marine logistics on India's west coast," the statement said. Natural gas extracted from below ground and the seabed, when cooled to a liquid state at around minus 162 degrees Celsius turns into liquid. Gas in this form, called LNG, can be easily stored and transported in ships. At the receipt terminal, LNG is warmed back into gas, which then is piped to power plants for generating electricity, to fertiliser units for making urea, or sold to city gas for turning into CNG or piped cooking gas. India is aiming to raise the share of natural gas in the country's energy basket to 15 per cent from the current 7 per cent by 2030. With its lower emissions, gas is considered a transition fuel as the country migrates to a net zero scenario by 2070. Dabhol Power Company (DPC) of now a bankrupt US energy giant Enron, was formed for setting up a power plant in Maharashtra. Construction started in 1992, and the first phase of 740 MW (Naphtha based) was commissioned in May 1999. The construction of Phase-II of the power plant and an LNG import terminal started and was due for completion in late 2001. But due to various controversies, the project was stalled. Enron's bankruptcy led to the company abandoning the project altogether. To rescue the asset, the government in 2005 formed a special purpose vehicle (SPV), called Ratnagiri Gas and Power Private Limited (RGPPL), with the participation of GAIL, power producer NTPC , MSEB Holding Company Limited and Indian financial institutions to take over the assets of the erstwhile Dabhol Power Company (DPC) and revive the abandoned project. The project consists of a power block of 1967 MW and LNG Terminal of 5 million tonnes per annum capacity. The RGPPL integrated plant (power block and LNG terminal) was not creating value. And subsequently, the power plant and LNG terminal were separate, with NTPC operating the power plant and GAIL operating the LNG facility. "Strategically located on the Maharashtra coastline, the Dabhol LNG terminal serves as a vital link in India's gas supply network via the Dabhol-Bangalore and Dabhol-Panvel cross-country pipelines," the GAIL statement said. Dabhol is an island breakwater (unlike conventional land-connected structures) showcasing a feat of advanced marine engineering. "This ambitious project, involving extensive collaboration among multiple stakeholders, posed complex technical challenges and required innovative, customised solutions," it said. "The successful commissioning of the breakwater is expected to significantly enhance vessel accessibility and improve capacity utilisation at the terminal, bolstering energy infrastructure and supply reliability." This achievement comes at a crucial time as GAIL looks to expand the terminal's capacity from 5.0 million tonnes per annum to 6.3 million tonnes in the first phase over the next three years. Once expanded, the terminal is expected to handle up to 100 LNG cargoes annually, thereby playing a pivotal role in reinforcing India's energy security, it added.
