GAIL to take 5% stake in consortium building TAPI pipeline

Industry:    2015-12-28

NEW DELHI: State-owned GAILBSE 0.94 % India Ltd will take 5 per cent stake in the international consortium building the $8.7 billion Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline. The four nations building the pipeline had in August agreed to co-own the project and a joint venture company with participation of each country is to be set up to build and operate the 1,814-kilometre line. “Turkmenistan’s state-owned TurkmenGaz will be the leader of the consortium an .. Read more at: http://economictimes.indiatimes.com/articleshow/50339881.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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