Bid & Tender
Brookfield Is Leading the Race to Buy Mukesh Ambani’s East West Pipeline

Date : Sep 11, 2018

Canadian financial powerhouse Brookfield is leading the race to acquire the gas pipeline owned by East West Pipeline (EWPL), which was earlier known as Reliance Gas Transportation Infrastructure. This makes it one of the first acquisitions by the Canadian firm in the Indian oil and gas infrastructure sector.

 

The 1,400-km pipeline, owned by Mukesh Ambani’s holding companies, connects Kakinada on Andhra coast to Bharuch in Gujarat. The pipeline will be critical for the joint venture project of Reliance Industries (RIL), BP and Niko Resources at the Krishna Godavari-D6 basin.