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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

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to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability Juno Joule Bio Fuels begins construction of compressed bio-gas project in Telangana Mcap of 8 of top-10 most valued firms jumps ₹4.13 lakh cr; HDFC, ICICI Bank top gainers Coal India absorbs cost surge to shield consumers from price spike Shell steps up LNG supplies to India, wins major fertiliser tenders after Gulf disruptions Luxury carmakers hope West Asia ceasefire will lift consumer sentiment Pharma and healthcare companies to face continued margin pressure: HDFC Securities Maruti Suzuki to launch 4 EVs by 2031 India Inc flags surge in cost of packaging raw material, seeks relief measures Orbicular gets USFDA’s tentative nod for generic Semaglutide Injection in partnership with Apotex Reliance seeks government approval to buy Iranian crude oil IPL 2026: Ad volume witness marginal dip in first 13 matches West Asia Crisis: Induction cooking may consume 13-27 GW power Tractor sales cross 10 lakh mark in FY26 on strong rural demand, GST cut India to continue buying Russian crude oil India comfortable on crude and LPG supply on diversified sourcing, says IOC chairman Vingroup plans 60,000 EV fleet as part of $6.5 billion Maharashtra push TVS Srichakra assumes US sponsorship rights to boost global brand visibility Vedanta Aluminium signs pact with two downstream companies Shapoorji Pallonji group reiterates call for public listing of Tata Sons THINK Gas launches GIS platform for instant PNG availability check, faster connections Swiggy co-founder Nandan Reddy to exit; 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GAIL says its LNG vessel Energy Fidelity flagged off from US; to bolster India's energy supply chain
2026-04-22 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Government-owned natural gas company GAIL (India) Ltd has said its LNG carrier 'Energy Fidelity' was flagged off from the Sabine Pass terminal of the US, and the vessel is expected to ensure a resilient supply chain of cleaner fuel for the country.

The vessel with a carrying capacity of 174,000 cubic meter (cbm) was flagged off on April 20 and is now en route to India. The ceremony was presided over by India's Consul General in Houston, Texas, D C Manjunath, GAIL said in a statement.

"This ceremony symbolises the robust and growing India-US energy partnership, a relationship built on the shared priorities of reliability, innovation, and long-term security," Manjunath said.

She emphasised that the flag-off aligns with India's focus on the 3Ts - Trade, Technology, and Tourism, reflecting a deepening partnership anchored in mutual trust and shared goals of energy security.

Energy Fidelity is a centrepiece of GAIL's future-ready shipping portfolio. Engineered for maximum efficiency, the carrier utilises advanced air lubrication systems and specialised propulsion technology to minimise its carbon footprint during the trans-oceanic voyage, the company said.

"This advanced LNG carrier stands as a testament to India's growing strength in building a robust, future-ready energy ecosystem," a company official said, adding that the vessel ensures a resilient supply chain and a reliable flow of cleaner fuel to support the country's growth.

The deployment supports India's Maritime Amrit Kaal Vision 2047, which aims to build a world-class, sustainable fleet to transition the country toward a gas-based economy.

For GAIL, Energy Fidelity is more than a transport asset; it is a vital link in the nation's domestic growth. By securing this dedicated logistical corridor, GAIL aims to "energise progress" and drive sustainable economic development, the company said.

Published on April 22, 2026