Downstream Operations/Award Gail Bags Energy Award for Downstream Operations

Editor: Dominik Stephan

Indian Gail takes home Platts' renowned Global Energy Awards in the 'downstream operations' category. Platts annually recognises innovative energy solutions in 19 categories. The 'Global Energy Award' is often regarded as the “Oscars” of energy.

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(Picture: GAIL)
(Picture: GAIL)

New York City/USA; New Delhi/India – And the award goes to ... Renowned energy information provider Platts has awarded Indian Gail with the 'Downstream Operation of the Year' Global Energy Award. With this award, Platts recognises the Indian company's year–on–year growth, its continuous attempt to ensure the uninterrupted availability of gas to customers as well as the expanding pipeline infrastructure. Also Gail’s imaginative plans to tap urban landfills as a new source of natural gas and to conduct a pilot program in partnership with the municipality of Delhi to extract landfill gas was recognised with great interest.

The award ceremony in New York was attended by nearly 500 energy executives from around the world who walked the red carpet for the annual black-tie event, often described as the “Oscars” of energy. Some 21 winners were announced in 19 performance categories which recognize exemplary corporate and individual achievement, innovation and leadership, and low-carbon energy sustainability initiatives. For a second year, the event was emceed by CNBC Television’s Amanda Drury.

“It’s clear the bar of performance is raised each year by the caliber of entries across all awards categories and this year was no exception,” said Larry Neal, president of Platts. “We congratulate the winners and finalists of the Platts Global Energy Awards for their ever more noteworthy contributions to innovation and leadership and for being true inspirations.”

The ceremony was preceded by the fifth annual Platts Global Energy Outlook Forum, “The World’s Quest for Clean Energy,” during which industry leaders, economists and government officials engaged in roundtable discussions on the impediments to scalable green energy, the challenges to a green economy, and the energy supply and demand outlook for 2012 and beyond.