The company plans to almost double its transmission capacity in the next two years for a capex of Rs 30,000 crore. The substantial capex slated ahead for transmission pipelines could see maximum capitalisation on incremental gas production domestically. Concern: Stagnant production at the KG basin and higher LNG prices. A cap on the gas marketing margins could prove risky for the company.
Capitalising through Capex
GAIL plans to almost double its transmission capacity, but the cap on gas marketing margins are a concern…
By Research Desk | Aug 27, 2012