{"id":264420,"date":"2019-03-15T06:15:17","date_gmt":"2019-03-15T06:15:17","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=264420"},"modified":"2019-03-15T06:15:17","modified_gmt":"2019-03-15T06:15:17","slug":"brookfield-to-acquire-mukesh-ambanis-loss-making-pipeline-for-rs-13000-crore","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/brookfield-to-acquire-mukesh-ambanis-loss-making-pipeline-for-rs-13000-crore\/","title":{"rendered":"Brookfield to acquire Mukesh Ambani\u2019s loss-making pipeline for Rs 13,000 crore"},"content":{"rendered":"<p>Brookfield on Thursday announced it is buying the loss-making East West Pipeline Ltd (EWPL), earlier known as Reliance Gas Transportation Infrastructure Ltd, for an enterprise valuation of Rs 13,000 crore ($2 billion) from Mukesh Ambani, chairman of Reliance IndustriesNSE 0.58 %. <\/p>\n<p>This will be the first time a private pipeline is India is being monetised. It&#8217;s also the first time Reliance, India&#8217;s largest private sector company. Brookfield is also buying Reliance Jio\u2019s telecom tower assets in a similarly structured transaction that could value the portfolio at $7-8 billion, said sources aware of the developments. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brookfield on Thursday announced it is buying the loss-making East West Pipeline Ltd (EWPL), earlier known as Reliance Gas Transportation Infrastructure Ltd, for an enterprise valuation of Rs 13,000 crore ($2 billion) from Mukesh Ambani, chairman of Reliance IndustriesNSE 0.58 %. This will be the first time a private pipeline is India is being monetised. It&#8217;s also the first time Reliance, India&#8217;s largest private sector company. Brookfield is also buying Reliance Jio\u2019s telecom tower assets in a similarly structured transaction that could value the portfolio at $7-8 billion, said sources aware of the developments.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-264420","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=264420"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/264420\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=264420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=264420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=264420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}