They are also seeking the governments push to enable REIT and InvITs debt raising from insurance companies and foreign portfolio investors (FPIs). Despite the Finance Ministrys approval in Union Budget 2019 for the debt funding, these entities are still not able to get access to liquidity through this channel.
GAIL Plans To Launch Pipeline InvIT Before Company Split 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.
GAIL plans to launch pipeline InvIT before revamp
PTI
New Delhi |
Updated on
January 26, 2021
InvITs are like a mutual fund, enabling direct investment from possible individual/institutional investors in infrastructure.
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 plan 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.
InvITs are like a mutual fund, enabling direct investment of small amounts of money from possible individual/institutional investors in infrastructure to earn a small portion of the income as return.
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 Investment Trust (InvIT), two sources with direct knowledge of the matter said. InvITs are like a mutual fund, which enables direct investment of small amounts of money from possible individual / institutional investors in infrastructure to earn a small portion of the income as return.
No Business as Usual; The Game Has Changed
Companies that emerge from this crisis with solid finances, a resilient supply chain, skilled workers and the capacity to analyse data will be well-placed to seize new opportunities
Illustration by Raj Verma
Among the few books that are interesting and inspirational, Alfred Sloan s My Years with General Motors lays out his brilliant managerial practices and provides insights into the new consumer economy that he and General Motors created over half a century ago. An entire era has gone by since, and we find ourselves in a situation that is uncannily similar to all great crises. And his words uttered in 1941 hold so true even today - It is astonishing what you can do when you have a lot of energy, ambition and plenty of ignorance.