OIL And GAIL Sign MoU To Boost Gas Collaboration

03 Oct 2025 CW Team

Oil India Limited (OIL) and GAIL India Limited (GAIL) have signed a Memorandum of Understanding (MoU) to strengthen collaboration across the natural gas value chain, aimed at expanding cleaner energy access and supporting India’s energy transition.

The agreement was signed by the Director (Marketing), GAIL, and Director (Operations), OIL, in the presence of senior officials from the Ministry of Petroleum & Natural Gas (MoPNG), including the Secretary, Additional Secretary and Joint Secretary, along with the CMDs of both companies.

The MoPNG Secretary described the partnership as a timely step to enhance domestic gas availability and ensure reliable access to demand centres nationwide. He said such collaborations are vital to achieving the Government’s goal of a gas-based economy.

CMD, GAIL, said the partnership would strengthen energy security, widen natural gas access, and accelerate the shift to cleaner energy. CMD, OIL, noted that the MoU would leverage OIL’s upstream capabilities with GAIL’s marketing and distribution expertise to create value while supporting the transition to a gas-based economy.

Separately, Oil India last week confirmed the presence of natural gas in its second exploratory well, Vijayapuram-2, in the Andaman Shallow Offshore Block under the Open Acreage Licensing Policy. Preliminary testing indicated natural gas inflows, with isotope studies under way to evaluate its hydrocarbon potential.

Ahead of the announcement, Oil India’s shares closed at Rs 414.00, down 0.78 per cent on the NSE.

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..