{"id":402064,"date":"2021-02-25T12:31:21","date_gmt":"2021-02-25T07:01:21","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=402064"},"modified":"2021-02-25T12:31:21","modified_gmt":"2021-02-25T07:01:21","slug":"gail-india-to-acquire-ntpcs-14-82-stake-in-konkan-lng","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-india-to-acquire-ntpcs-14-82-stake-in-konkan-lng\/","title":{"rendered":"GAIL (India) to acquire NTPC&#8217;s 14.82% stake in Konkan LNG"},"content":{"rendered":"<p>To sell 25.51% stake in Ratnagiri Gas and Power to NTPC<\/p>\n<p>GAIL (India) has executed Share Purchase Agreements with NTPC on 23 February 2021.<br \/>\na) Purchase of NTPC&#8217;s entire shareholding (14.82%) in Konkan LNG (KLL). Consequently, GAIL&#8217;s shareholding in KLL increased to 92.15%.<\/p>\n<p>b) Sale of GAIL&#8217;s entire shareholding (25.51%) in Ratnagiri Gas and Power (RGPPL) to NTPC. Consequently, GAIL&#8217;s shareholding in RGPPL reduced to NIL.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>To sell 25.51% stake in Ratnagiri Gas and Power to NTPC GAIL (India) has executed Share Purchase Agreements with NTPC on 23 February 2021. a) Purchase of NTPC&#8217;s entire shareholding (14.82%) in Konkan LNG (KLL). Consequently, GAIL&#8217;s shareholding in KLL increased to 92.15%. b) Sale of GAIL&#8217;s entire shareholding (25.51%) in Ratnagiri Gas and Power (RGPPL) to NTPC. Consequently, GAIL&#8217;s shareholding in RGPPL reduced to NIL.<\/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":[135,130,169],"tags":[],"class_list":["post-402064","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402064","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=402064"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/402064\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=402064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=402064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=402064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}