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Oil & Gas Oil & Gas Company Gail Awarded for Excellence in Cost Management

Editor: Dominik Stephan

Oil & Gas Company Gail (India) has recently received the ‘Award for Excellence in Cost Management’ from The Institute of Cost and Works Accountants of India (ICWAI).

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Shri P.K. Jain, Director (Finance) of Indian oil and gas company Gail receiving the Award for Excellence in Cost Management from Dr. M. Veerappa Moily, Minister of Corporate Affairs, Government of India. (Picture: Gail)
Shri P.K. Jain, Director (Finance) of Indian oil and gas company Gail receiving the Award for Excellence in Cost Management from Dr. M. Veerappa Moily, Minister of Corporate Affairs, Government of India. (Picture: Gail)

New Dehli/India – This is the seventh time in row, the company has successfully bagged the award from ICWAI. This year, GAIL’s KG Basin and Vizag-Secunderabad LPG pipeline unit won the first and second award respectively under the category of Public Sector Manufacturing Unit. The criteria for selection were ‘cost management practices and the performance’ of the company involved in manufacturing or service operation.

GAIL (India) is today an integrated energy company along the natural gas value chain with global footprints. Having started as a gas transmission company, it grew by building a large network of natural gas pipelines and a successful foray into segments like petrochemicals, LPG, LPG transmission, city gas distribution, E&P and others.

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