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INDIAN GAS GIANT GAIL EYES PARTNERSHIPS IN CHINA.
Publication: AsiaPulse News Publication Date: 23-FEB-06 |
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COPYRIGHT 2006 Asia Pulse Pty Ltd
BEIJING, Feb 23 Asia Pulse - India's biggest gas distributor, Gas Authority of India Limited (GAIL) (BSE:532155), is actively exploring the business potential in China and beyond through the partnership with three Chinese energy heavyweights, and a joint venture (JV) expected to be set up within this year in Beijing.
The Indian gas company expects to sign an agreement with Beijing Gas Group Company Ltd "within months" to set up a JV to meet the surging gas demand in the capital city, S. Prabhakar Rao, director...
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