GAIL India has executed Share Purchase agreements with NTPC on February 23, 2021 for purchase of NTPC's entire shareholding (14.82%) in Konkan LNG (KLL). Consequently, GAIL's shareholding in KLL increased to 92.15% and for the sale of GAIL's entire shareholding (25.51%) in Ratnagiri Gas and Power (RGPPL) to NTPC. Consequently, GAIL's shareholding in RGPPL reduced to NIL.
GAIL (India) is India’s leading natural gas company with diversified interests across the natural gas value chain of trading, transmission, LPG production & transmission, LNG regasification, petrochemicals, city gas, E&P, etc.