Government mulling to split GAIL India

16 Jul 2019 Evaluate

The government is mulling to split GAIL (India) by hiving off its pipeline business into a separate entity and selling it off to strategic investors. GAIL is India's biggest natural gas marketing and trading firm and owns more than two-thirds of the country's 16,234 km pipeline network, giving it a stranglehold on the market.

GAIL India is India’s principal Natural Gas Company with activities ranging from Gas Transmission and Marketing to Processing (for fractionating LPG, Propane, SBP Solvent and Pentane); transmission of Liquefied Petroleum Gas (LPG); production and marketing of Petrochemicals like HDPE and LLDPE and leasing bandwidth in Telecommunications.

GAIL India Share Price

182.00 1.75 (0.97%)
28-Mar-2024 13:59 View Price Chart
Peers
Company Name CMP
GAIL India 182.00
Petronet LNG 267.80
Linde India 6430.85
Confidence Petroleum 84.75
Refex Industries 135.50
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