To fund its infra, GAIL split plan put on hold

The government has put its plan to split GAIL’s natural gas and pipeline operating business on hold, with a view to protect the state-owned utility’s financial stability, as it undertakes major infrastructure projects to augment the country’s natural gas pipeline network, according to a senior government official.

The Centre had earlier indicated that it would split GAIL’s pipeline and marketing businesses to address concerns of other players of having non-discriminatory access to GAIL’s pipeline network.