Gas Authority of India Limited (GAIL) feels that though the government's decision for no duty on imported gas for power generation, it should be implemented for all purposes, he told CNBC-TV18.
Post the gas price hike, GAIL will invest significant capex in exploration activities as the price revision will boost its earnings.
R K Garg, director finance of Petronet, says that as far as Petronet is concerned, our Kochi terminal is likely to be fully completed by March 2013. It would be connected to the phase I pipeline which is being completed by GAIL.