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Govt looks to monetise Rs 6k cr GAIL pipelines via InvIT route

India Business News: NEW DELHI: The oil ministry is eyeing the InvIT (Infrastructure Investment Trust) route to monetise pipelines worth about Rs 6,000 crore built by Indi.

Bharat petroleumInvit infrastructure investmentInfrastructure investment trustBusiness newsPower ministryCabinet approvalபாரத் பெட்ரோலியம்உள்கட்டமைப்பு முதலீடு நம்பிக்கைவணிக செய்திபவர் அமைச்சகம்மந்திரி சபை ஒப்புதல்மந்திரி சபை

Govt likely go for InvIT route to monetise Rs 6000 crore GAIL pipelines

Updated Jan 27, 2021 | 15:26 IST GAIL will be the second state-run entity to dilute stake in projects through InvIT. The power ministry had in September 2020 secured Cabinet approval for PowerGrid to monetise transmission lines. Representational image New Delhi: The government is looking to monetise pipeline assets worth about Rs 6,000 crore built by India’s largest gas utility GAIL through the InvIT (Infrastructure Investment Trust) route as the pandemic spooks bigticket disinvestments such as of Bharat Petroleum, the Times of India mentioned in a report. The oil ministry is conducting discussions about an InvIT in parallel to preparations for carving GAIL’s countrywide gas pipeline network into a fully-owned subsidiary, the publication mentioned adding that the ministry may seek Cabinet approval, although technically the GAIL board can decide to divest stake in pipelines through InvIT.

New delhiBharat petroleumInvit infrastructure investmentInfrastructure investment trustபுதியது டெல்ஹிபாரத் பெட்ரோலியம்உள்கட்டமைப்பு முதலீடு நம்பிக்கை

GAIL eyes pipeline InvIT before split

GAIL eyes pipeline InvIT before split SECTIONS Last Updated: Jan 26, 2021, 04:56 PM IST Share Synopsis The nation s top gas marketing and transportation firm plans to monetise Dahej-Uran-Panvel-Dabhol pipeline and Dabhol-Bengaluru pipeline by setting up an Infrastructure Investment Trust (InvIT), two sources with direct knowledge of the matter said. INSIGHTS NSE Explore Now NEW DELHI: State-owned gas utility GAIL (India) Ltd plans to launch an InvIT of its two gas pipelines between Dahej and Bengaluru ahead of a proposed splitting of the pipeline business from the gas marketing function, sources said. The nation s top gas marketing and transportation firm plans to monetise Dahej-Uran-Panvel-Dabhol pipeline and Dabhol-Bengaluru pipeline by setting up an Infrastructure

Infrastructure investment trust invIndia ltdInfrastructure investment trustGail indiaInvestment trustGas marketing functionGas pipelinesஉள்கட்டமைப்பு முதலீடு நம்பிக்கை அழைப்பிதழ்இந்தியா லிமிடெட்உள்கட்டமைப்பு முதலீடு நம்பிக்கைகெயில் இந்தியாமுதலீடு நம்பிக்கைவாயு சந்தைப்படுத்தல் செயல்பாடுமந்திரி சபைவாயு குழாய்வழிகள்

IndiGrid InvIT IPO Date 2021;Power Grid Corporation Will Raise Rs Eight Thousand Crores | पहली सरकारी कंपनी पावर ग्रिड कॉर्पोरेशन मार्च तक ला सकती है इनविट आईपीओ

IndiGrid InvIT IPO Date 2021;Power Grid Corporation Will Raise Rs Eight Thousand Crores | पहली सरकारी कंपनी पावर ग्रिड कॉर्पोरेशन मार्च तक ला सकती है इनविट आईपीओ
bhaskar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bhaskar.com Daily Mail and Mail on Sunday newspapers.

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Power Grid इंफ्रास्ट्रक्चर इंवेस्टमेंट ट्रस्ट के जरिये लाएगी 8000 करोड़ का InvIT IPO, जानें IPO की खास बातें Power Grid to launch InvIT IPO to raise Rs 8,000 crores, first ever InvIT IPO by a PSU

Power Grid इंफ्रास्ट्रक्चर इंवेस्टमेंट ट्रस्ट के जरिये लाएगी 8000 करोड़ का InvIT IPO, जानें IPO की खास बातें Power Grid to launch InvIT IPO to raise Rs 8,000 crores, first ever InvIT IPO by a PSU
moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.

Infrastructure investmentA centerCompany herMf fundInfrastructure investment trustஉள்கட்டமைப்பு முதலீடுநிறுவனம் அவள்உள்கட்டமைப்பு முதலீடு நம்பிக்கை