New Delhi, November 19, 2008:- A special commemorative postage stamp was released on the occasion of GAIL’s silver jubilee by Her Excellency, Smt. Pratibha Patil, President of India, here today. Present on the occasion were Shri. Murli Deora, Hon’ble Union Minster of Petroleum and Natural Gas, Shri A Raja, Minister of Communication and Technology, Shri Dinsha Patel, Minister of State for Petroleum and Natural Gas, Secretary of Petroleum& Natural Gas, and Secretary of the Department of Posts, Dr. U D Choubey, Chairman and Managing Director, GAIL, Directors of GAIL, other senior officials of the Government and former Chairmen and Directors of GAIL.

Speaking at the occasion, Shri Murli Deora, Minister of Petroleum and Natural Gas said that GAIL occupies a unique position among the PSUs in India. It has been consistently registering robust financial growth since its inception. He specifically mentioned the 79 per cent growth in profits during Q2 and said this was perhaps unprecedented. He congratulated GAIL and expressed his optimism that GAIL will continue to grow exponentially in the future as well.

Dr. U. D. Choubey, Chairman and Managing Director, GAIL said, “It’s indeed and an honour for GAIL to have received the recognition by the postal department. The occasion was a historical event for the whole GAIL family. He further reiterated his commitment to take the company forward and to make it a Rs. 50000 crores entity in the next two years.