GAIL says production at Pata plant has reached full capacity

GAIL says production at Pata plant has reached full capacity

In May, the Russian corporation stopped supplying GAIL with 2.4 mln tn of liquefied natural gas annually as a result of Russia's invasion of Ukraine

FPJ Web DeskUpdated: Wednesday, March 08, 2023, 12:38 PM IST
article-image
GAIL says production at Pata plant has reached full capacity | Image: GAIL (Representative)

GAIL (India) Ltd's production at Pata plant, based in Uttar Pradesh, has reached full capacity, the company said via an exchange filing.

Pata is a gas based integral petrochemical plant which produces ethylene and polymers.

The company claimed that since Russia's Gazprom stopped supplying liquefied natural gas, it has increased production at the plant using alternative sources of the fuel.

In May, the Russian corporation stopped supplying GAIL with 2.4 mln tn of liquefied natural gas annually as a result of Russia's invasion of Ukraine.

Due to a lack of gas supplies, GAIL was forced to reduce output at the Pata facility by 40%.

Shares of the company were 1.9% higher at 111.15 rupees on NSE at 11:50 IST.

RECENT STORIES

India Poised To Become World's Most Sought-After Consumer Market: Morgan Stanley Report

India Poised To Become World's Most Sought-After Consumer Market: Morgan Stanley Report

US Securities & Exchange Commission Asks India For Help In Serving Legal Notices To Two Senior Adani...

US Securities & Exchange Commission Asks India For Help In Serving Legal Notices To Two Senior Adani...

Beware Of 'WhatsApp Screen Mirroring Fraud', Can Lose Access To One's Bank Account

Beware Of 'WhatsApp Screen Mirroring Fraud', Can Lose Access To One's Bank Account

US May Not Impose Secondary Tariffs On India Over Russian Crude Oil, Says Trump

US May Not Impose Secondary Tariffs On India Over Russian Crude Oil, Says Trump

US President Trump To Unveil Tariffs On Semiconductor Imports Next Week

US President Trump To Unveil Tariffs On Semiconductor Imports Next Week