GAIL signs MoU to develop greenfield gas-based fertilizer plant in ChhattisgarhGAIL signs MoU to develop greenfield gas-based fertilizer plant in Chhattisgarh

Introduction

Leading natural gas company signed an MoU with the Chhattisgarh government to plan a 12.7 LMT gas-based urea plant along the MNJPL pipeline with government facilitation.

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Share price movement of GAIL

On December 24, 2025, Gail (India) Ltd opened at ₹172.50, up 0.29% from its previous close of ₹172.00. The stock reached a high of ₹173.80 (1.05%) and a low of ₹171.60. By 2:02 PM, it traded at ₹171.60, a 0.23% decline, with a market cap of ₹1,12,828.71 crore.

GAIL and Chhattisgarh Government Sign Fertilizer MoU

GAIL (India) Limited and the Government of Chhattisgarh signed a non-binding MoU to develop a greenfield gas-based fertilizer project in the state, announced on December 23, 2025.

The MoU was signed by Shri Rajat Kumar and Shri Rajeev Kumar Singhal in the presence of Chief Minister Vishnu Deo Sai, marking the start of project planning and evaluations.

GAIL will conduct techno-economic studies for a 12.7 LMT urea plant along the MNJPL pipeline. The government will support land allocation, approvals, infrastructure, and coordination for project implementation.

Stock performance of GAIL for Period of 1 week, 6 months, and 1 year

Gail (India) Ltd delivered a 1.76% return over the past week, declined 9.94% in the past six months, and fell 13.1% over the past year.

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Shareholding pattern of GAIL

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	52%	52%	52%
FII	13.70%	14.90%	14.80%
DII	27.50%	26.50%	26.60%
Public	6.90%	6.70%	6.70%

About GAIL

GAIL (India) Limited (NSE: GAIL) is a Maharatna PSU under the Ministry of Petroleum and Natural Gas, leading natural gas transmission and distribution, supporting downstream industries, and expanding into domestic fertilizer production.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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