GAIL issues swap tender for 12 LNG cargoes

19 Jun 2023 CW Team

GAIL (India) Ltd has issued a swap tender seeking 12 cargoes of liquefied natural gas (LNG) for loading in the U.S. in exchange for 12 cargoes for delivery into India in 2024. India's largest gas distributor is offering the cargoes for loading from the Sabine Pass terminal in the US, and seeking the cargoes for delivery into India's Dhamra terminal. The tender closes on June 22.

GAIL India Ltd., commonly known as GAIL, is the largest state-owned natural gas processing and distribution company in India. Established in 1984, GAIL plays a crucial role in the country's energy sector by integrating various aspects of the natural gas value chain, including exploration, production, transmission, distribution, and marketing.

GAIL's primary objective is to ensure a steady and reliable supply of natural gas to various sectors, including power generation, industrial, commercial, and domestic consumers. The company operates an extensive pipeline network spanning thousands of kilometers, facilitating the transportation of natural gas across the country.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..