India's leading natural gas Company GAIL (India) Limited has received top honors as the "World's No. 1 company in Downstream Operation" for this year at the 2011 Platts Global Energy Awards held at New York on December 1st 2011.

GAIL has been recognized for achieving year-on-year growth, ensuring uninterrupted availability of gas to customers, expanding pipeline infrastructure and making overall contributions to the country's growth. It is understood that Platts' independent panel of judges commended GAIL's imaginative plans to tap urban landfills as a new source of natural gas and to conduct a pilot program in partnership with the municipality of Delhi to extract landfill gas. They noted that this project, if successful, could be replicated across India.

GAIL is the only Company from Asia to win Platts Global Energy Award this year, 21 companies and individuals from seven countries have been given Platts Global Energy Awards. The Platts Global Energy Awards, now in their 13th year, recognize exemplary corporate and individual achievement, innovation and leadership, and low-carbon energy sustainability initiatives.

(Sourced from Equity Bulls)