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    July Sep Quarter

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    • FY12 subsidy to be 5-10% higher than in FY11, expects GAIL

      FY12 subsidy to be 5-10% higher than in FY11, expects GAIL

      BC Tripathi, chairman and managing director of Gail expects to maintain transmission volumes at 120 mmscmd. However, Tripathi feels that the FY12 subsidy will be 5-10% higher than in FY11. The upstream subsidy is expected to be at 33% in FY12, he added.

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