GAIL India will explore gas sector investment in the African market. It will make a capital investment of around Rs 400 bn ($8.8 bn) by 2014-15, mainly to expand its pipeline network and boost petrochemicals capacity. The company also plans to set up gas-based power plants within the country, besides trying to tap unconventional energy resources like shale gas and coal-bed methane.
Contact: GAIL India. Tel: 011-2617 2580. Website: www.gailonline.com