Gail (India) Ltd plans to invest ₹3,800 crore in 700 MW solar projects

plans to invest ₹3,800 crore in 700 MW solar projects across UP and Maharashtra, including a 600 MW project with 550 MWh BESS at TUSCO Solar Park in Jhansi to meet captive needs of its Pata petrochemical plant. Consolidated December 2025 net sales fell 4.51% YoY to ₹35,173.37 crore, while standalone sales dropped 2.53% YoY to ₹34,051.48 crore. Motilal Oswal issued 'Buy' ratings with targets of ₹190 (Feb 2026) and ₹220 (Nov 2025), citing strategic projects and stable operations ahead of new petrochemical capacities.