GAIL terminates contracts with crisis-ridden IL&FS

GAIL terminates contracts with crisis-ridden IL&FS

Gail (India) Ltd has terminated pipe laying contracts to financially-troubled IL&FS and awarded these to new contractors to speed up construction of the Prime Minister’s pet pipeline project that would take natural gas to much of eastern India via his constituency Varanasi.

GAIL, GSPL Shares Jump On Pipeline Tariff Hike

GAIL, GSPL Shares Jump On Pipeline Tariff Hike

Shares of GAIL (India) Ltd. and Gujarat State Petronet Ltd. jumped after the regulator Petroleum & Natural Gas Regulatory Board increased tariffs for some pipelines The tariffs were hiked in the range of 27 percent to 691 percent

1 2 3 4