The Union Cabinet is expected to consider a proposal to hive off GAIL’s (India) pipeline business into a separate entity by next month but its sale to a strategic investor may not happen before 2022.
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.