GTL will hold 52% equity in GSPL India Transco Ltd while IOCL, BPCL and HPCL will hold 26%, 11% and 11% respectively.
GSPL India Transco Ltd. signed Rupee Facility Agreement for Term Loan of Rs. 713 crore with a consortium of 6 banks in June-2018 with Union Bank of India as the Lead bank for 365 kms of pipeline section. Later, this term loan was refinanced with State Bank of India in October-2021.
GSPL India Transco Limited is committed to do business in an efficient, responsible, honest and ethical manner. The core values of the Company’s Governance process include independence, integrity, accountability, transparency, responsibility and fairness. The Company is committed to transparency in all its dealings and places high emphasis on business ethics. The basic philosophy of Corporate Governance in the Company is to achieve business excellence and dedication to increase long-term shareholders’ value.
