GAIL-OIL sign 15-year GSPA to strengthen domestic gas production

GAIL (India) and Oil India Limited have signed a 15-year Gas Sale and Purchase Agreement starting July 2025 to supply up to 900,000 SCMD of natural gas from Rajasthan fields to Rajasthan’s power plant. The deal aims to enhance domestic gas production and energy accessibility. GAIL stock is down nearly 5.84 per cent over the past month.