Dharmendra Pradhan bats for splitting GAIL, new gas tariff policy
Union Petroleum Minister Dharmendra Pradhan on Monday said the ministry was considering the bifurcation of GAIL, a step towards bringing transparency to India’s gas market.
He also batted for a market-driven pricing mechanism by introducing a new tariff policy for natural gas soon.
The government is planning to unbundle GAIL into two companies for gas transmission and marketing business. The state-run company has entrusted Ernst &Young as a consultant.
“There were concerns that how can a pipeline company be a trader. GSIL India has requested for dividing the company into two verticals, one of which will focus on just gas transmission.
