{"id":338338,"date":"2020-02-20T11:41:25","date_gmt":"2020-02-20T06:11:25","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=338338"},"modified":"2020-02-20T12:21:40","modified_gmt":"2020-02-20T06:51:40","slug":"agr-risk-remains-for-gail-oil-india-and-power-grid-says-fitch-ratings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/agr-risk-remains-for-gail-oil-india-and-power-grid-says-fitch-ratings\/","title":{"rendered":"AGR risk remains for GAIL, Oil India and Power Grid, says Fitch Ratings"},"content":{"rendered":"<p>The three non-telecom companies \u2014 GAIL (India) Ltd, Oil India Ltd and Power Grid Corporation of India Ltd \u2014 are planning to appeal against the Supreme Court\u2019s verdict on the adjusted gross revenue (AGR) issue, according to a brokerage report.<\/p>\n<p>India\u2019s telecom-related regulatory dispute is still event risk for GAIL, OIL and Power Grid, Fitch Ratings said on Wednesday.<\/p>\n<p>The Supreme Court of India has allowed the companies to withdraw their clarification applications on February 14 and resolve their dispute with the Department of Telecommunications outside the court. This is in stark contrast to the court\u2019s decision to demand immediate payments from the telecom companies that are also involved in the dispute, it said.<\/p>\n<p>\u201cWe expect the three companies to eventually resolve the dispute, although resolution timing is uncertain. A speedy solution is important to prevent disrupting the companies\u2019 investment plans and damaging their performance.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The three non-telecom companies \u2014 GAIL (India) Ltd, Oil India Ltd and Power Grid Corporation of India Ltd \u2014 are planning to appeal against the Supreme Court\u2019s verdict on the adjusted gross revenue (AGR) issue, according to a brokerage report. India\u2019s telecom-related regulatory dispute is still event risk for GAIL, OIL and Power Grid, Fitch Ratings said on Wednesday. The Supreme Court of India has allowed the companies to withdraw their clarification applications on February 14 and resolve their dispute with the Department of Telecommunications outside the court. This is in stark contrast to the court\u2019s decision to demand immediate [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-338338","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338338","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=338338"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/338338\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=338338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=338338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=338338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}