IOC and GAIL (India) will exercise their right to jointly acquire 49%
stake in Adani Group’s Rs 5,000 crore Dhamra LNG project in Odisha.
While, IOC will take a 38% stake, GAIL will pick up 11% stake in the
proposed 5 million tonne per annum liquefied natural gas import
terminal in Dharma, being set up by Adani Petroleum Terminal (APTPL).
APTPL will also hold a 49% stake in the project and remaining 2% will
be held by financial institutions.
