GAIL teams up with RailTel to explore telecom business opportunities

GAIL (India) on Monday, March 9, informed the exchanges that it has entered into a Memorandum of Understanding (MoU) with RailTel Corporation of India Limited on March 5, 2026, to collaborate in key sectors of digital infrastructure in the country.The MoU was signed by S S Agrawal, Executive Director (O&M-CO), GAIL, and J S Marwah, CS & GGM (Law), RailTel, in the presence of Rajeev Kumar Singhal, Director (Business Development), GAIL; Sanjai Kumar, Chairman and Managing Director, RailTel; and other senior officials from both companies.

Speaking on the development, Deepak Gupta, Chairman and Managing Director, GAIL, said, “This partnership is fully in sync with our vision to integrate energy and digital infrastructure, leveraging the transformative potential of artificial intelligence (AI), all of which are pivotal to India’s development journey.”Sanjai Kumar, Chairman and Managing Director, RailTel, said, “RailTel is committed to strengthening India’s digital backbone through robust and secure communication infrastructure. Our collaboration with GAIL will enable both organisations to combine their strengths in network infrastructure and technological capabilities to accelerate the expansion of reliable digital connectivity across the country.”

The strategic partnership seeks to reinforce India’s communication framework, improve utilisation of resources, and drive forward the nation’s digital connectivity initiatives at a rapid pace.

Shares of GAIL (India) were trading 5% lower at ₹147.68 on Monday. The stock has declined 14% so far in 2026.