Adani Group may get controlling stake in Mundra LNG terminal

Adani Group may get controlling stake in Mundra LNG terminal

Photo: Pradeep Gaur/Mint

Gujarat may offer an additional 50% stake in Gujarat State Petroleum Corp. (GSPC) LNG Ltd to Adani Group, which already holds a 25% stake in the company, after Indian Oil Corp. Ltd decided to opt out of the race, said three state government officials close to the development, requesting anonymity.

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