The deal will be the largest foreign direct investment in India's city gas distribution
The terminal was mechanically completed in mid-2018 and was inaugurated by Prime Minister Narendra Modi
Street worried over the proposal to restructure the company, profitability of petrochemicals business and placement of high-priced US contracts
Company CEO Prabhat Singh said it was in the final stages of inviting bids to set up Liquefied natural gas (LNG) outlets
Lower prices should benefit all the players in the gas distribution value chain
GAIL is benefiting from lower natural gas price in the domestic market and imports and the recent strength in petrochemical product prices