GAIL explores investment scope in China

Sanjay Jog
Posted: Saturday, Oct 04, 2008 at 2324 hrs IST
Updated: Saturday, Oct 04, 2008 at 2324 hrs IST

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ONGC favours windfall profit tax

Mumbai, Oct 3: .

Debt equity ratio will be 30:70. Sales revenue expected will be 94 million Yuan (Rs 63 crore) per annum. Profit is estimated at 20% of sales revenue.

Feasibility study has already been conducted. There is also a plan to build 5000m3 gas supply stations on the east and west sides of the River respectively in Lengshuitan District by Yongzhou No 2 Transport company. Total investment will be around 40 million Yuan (Rs 27 crore) and annual Profit of 5 million Yuan (Rs 3 crore)....

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