PSU NEWS
R K Das, MD of CUGL hand over dividend for FY 22 to GAIL CMD
New Delhi: Shri Sandeep Kumar Gupta, CMD, GAIL was handed over the dividend for FY21-22 by Shri R K Das, MD, and Shri Sunil Bains, Director Commercial, Central U.P. Gas Ltd. (CUGL), a Joint Venture between GAIL and BPCL in the presence of Shri M V Iyer, Director (BD) and Shri R K Jain, Director (Finance).
Last financial year, CUGL posted very high performance, with an increase in revenues by 71% and profit by 51%.
CUGL is a city gas distribution company that offers PNG domestic, PNG commercial & industrial, and CNG gas in central U. P.
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