To sell 25.51% stake in Ratnagiri Gas and Power to NTPCGAIL (India) has executed Share Purchase Agreements with NTPC on 23 February 2021.
a) Purchase of NTPC s entire shareholding (14.82%) in Konkan LNG (KLL).
Consequently, GAIL s shareholding in KLL increased to 92.15%.
b) 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.
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