Deals9 Jul 2025, 07:34 pm
Oil India and GAIL Sign 15-Year Gas Sale and Purchase Agreement for 900,000 SCMD from Rajasthan Fields
AI Summary
Oil India Limited (OIL) and GAIL (India) Limited have signed a 15-year Gas Sale and Purchase Agreement for the supply of up to 900,000 Standard Cubic Meters per Day (SCMD) of natural gas from OIL’s Rajasthan Gas Fields. The agreement highlights both companies' dedication to enhancing energy security and accessibility. The sourced gas will be supplied to State power plant Rajya Vidyut Utpadan Nigam Limited (RRVUNL) for power production.
Key Highlights
- OIL and GAIL sign 15-year Gas Sale and Purchase Agreement for 900,000 SCMD from Rajasthan Fields
- Agreement highlights both companies' commitment to energy security and accessibility
- Sourced gas to be supplied to State power plant Rajya Vidyut Utpadan Nigam Limited (RRVUNL) for power production