GAIL (India) Ltd, via subsidiary GMPL, has signed an amended agreement with INEOS to revive GMPL’s 1.25 MMTPA PTA plant in Mangalore SEZ.
Acquired through NCLT’s CIRP in June 2023, the plant’s revival aims to reduce imports, bolster domestic petrochemicals, and align with India’s Atmanirbhar Bharat vision, enhancing operational efficiency and market readiness.