Presently, GSPL holds 52% in GIGL and would continue to hold 52% after this additional Equity Contribution in GIGL. Hence, there will be no change in terms of percentage of Shareholding by GSPL in GIGL.
GIGL is a Subsidiary of GSPL with other Joint Venture Partners being IOCL (26%), BPCL (11%) & HPCL (11%). GIGL is engaged in the execution of the Cross - Country Natural Gas Transmission Pipeline Projects namely: Mehsana - Bhatinda Pipeline Project and Bhatinda - Jammu - Srinagar Pipeline Project awarded by Petroleum and Natural Gas Regulatory Board.
