Press Release 2022
GAIL (India) Limited
GAIL wins National Award for Excellence in Cost Management from ICAI
Company awarded for fourth year in a row
New Delhi, April 21, 2022: GAIL (India) Limited has bagged the National Award for Excellence in Cost Management from the Institute of Cost Accountants of India (ICAI) for the fourth consecutive year.
The award, presented by Shri Piyush Goyal, Hon’ble Minister, Commerce & Industry, Textiles, Consumer Affairs and Food & Public Distribution, was received on behalf of GAIL by Shri R K Jain, Director (Finance) and Shri Deepak Gupta, Director (Projects) yesterday.
GAIL (as organization) got second position in the 17th National Award for Excellence in Cost Management 2019 in Manufacturing - Public Sector - Mega whereas Jamnagar Loni Pipeline (JLPL) got first position in Service Sector -Transportation and Logistics. The awards are presented annually to corporate entities in their journey towards excellence in cost management and cost management practices.