GAIL Signs MoU for Gas-Based Fertilizer Project in Chhattisgarh; Ola Electric, Godfrey Phillips, and Others Announce Key Developments
NATURAL GAS
GAIL (India) has signed a non-binding MoU with the Chhattisgarh government for a greenfield gas-based fertilizer project, planning to establish a urea manufacturing plant with a capacity of 12.7 LMT along the Mumbai-Nagpur-Jharsuguda Natural Gas Pipeline. Additionally, Ola Electric announced a ₹100 crore funding round, while Godfrey Phillips reported a fire at a third-party facility, leading to an insurance claim. Other developments include Take Solutions' entry into preventive healthcare and Monte Carlo Fashions receiving approvals for solar power projects.

Dec 24, 2025, 12:26 PM