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Tuesday 26 January 2021

Govt to monetise Rs 6k cr GAIL pipelines through InvIT

The oil ministry is eyeing the InvIT (Infrastructure Investment Trust) the route to monetise pipelines worth about Rs 6,000 crore built by India’s largest gas utility GAIL, charting a new course for raising funds for the government as the pandemic spooks big-ticket disinvestments such as of Bharat Petroleum.

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