India, Nov. 6 -- GAIL Mangalore Petrochemicals Limited (GMPL), a wholly owned subsidiary of GAIL (India) Limited, has successfully commissioned its 1.25 million tonnes per annum (MTPA) Purified Terephthalic Acid (PTA) manufacturing plant at the Mangalore Special Economic Zone (MSEZ) in Karnataka. The commissioning marks a significant milestone in GAIL's strategy to expand its presence in the downstream petrochemical sector and strengthen India's domestic petrochemical manufacturing capabilities.

The plant was originally established by JBF Petrochemicals Limited (JBPL), which subsequently underwent the Corporate Insolvency Resolution Process (CIRP). In 2023, GAIL acquired the company through the insolvency resolution process under a Reso...