{"id":406994,"date":"2021-03-25T11:40:48","date_gmt":"2021-03-25T06:10:48","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=406994"},"modified":"2021-03-25T11:40:48","modified_gmt":"2021-03-25T06:10:48","slug":"gail-wants-full-ownership-of-bengal-gas-state-govt-not-keen","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gail-wants-full-ownership-of-bengal-gas-state-govt-not-keen\/","title":{"rendered":"GAIL wants full ownership of Bengal Gas; state govt not keen"},"content":{"rendered":"<p>GAIL India wants to buy out the entire 26% stake of Greater Calcutta Gas Supply Corporation (GCGSCL) in its joint venture, Bengal Gas Company (BGCL), to make it its own 100% subsidiary. However, the West Bengal government-owned GCGSCL is unwilling to transfer any share.<\/p>\n<p>GAIL and GCGSCL had entered into a 74:26 JV in 2017 for the business of city gas distribution, but GCGSCL\u2019s cash constraints are said to be coming in the way of the project\u2019s progress.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GAIL India wants to buy out the entire 26% stake of Greater Calcutta Gas Supply Corporation (GCGSCL) in its joint venture, Bengal Gas Company (BGCL), to make it its own 100% subsidiary. However, the West Bengal government-owned GCGSCL is unwilling to transfer any share. GAIL and GCGSCL had entered into a 74:26 JV in 2017 for the business of city gas distribution, but GCGSCL\u2019s cash constraints are said to be coming in the way of the project\u2019s progress.<\/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":[130,195,138],"tags":[],"class_list":["post-406994","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406994","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=406994"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/406994\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=406994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=406994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=406994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}