Government mulling to split GAIL India

16 Jul 2019

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.

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GAIL India Share Price

102.50 -0.25 (-0.24%) Nov 27, 18:59
1 Year Price Chart
Peers
Company Name CMP
GAIL India 102.50
Petronet LNG 249.40
Indraprastha Gas 496.25
Linde India 910.70
Confidence Petroleum 27.80
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