India may split Gail into separate companies

India’s government is seeking to split state-owned gas infrastructure company Gail into two separate units
By Staff reporter 5 January 2018 0 28976

India’s government is seeking to split state-owned gas infrastructure company Gail into two separate units, according to The Economic Times.

This is to avoid a possible conflict of interest in the company’s role in constructing gas pipelines as well as being the transmission system operator.

Gail’s core business is gas marketing, which provides 70% of its revenue, but transmission is still one of its most profitable activities.

New Delhi plans to merge a number of state-owned companies. Gail could be taken over by Bharat Petroleum or...

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