Dr Ashutosh Karnatak assumed charge as CMD of GAIL (India) Limited on 1st August 2019. Dr. Karnatak carries a rich experience of over 37 years in the hydrocarbon sector and is also concurrently serving as Director (Projects) since March, 2014
Sources said that the pipeline business could be spun off into a separate entity, where the government may divest a majority stake to a strategic investor
According to sources, the government has been planning to bifurcate GAIL’s transportation and marketing arms and merge three power generation companies