Hindu Business Line | IOC to acquire up to 50% in Mundra LNG terminal Hindu Business Line GSPL LNG Ltd is a joint venture of Gujarat State Petroleum Corporation (GSPC) and Adani Enterprises Ltd (AEL). According to officials in IndianOil, this will be by way of fresh equity that will be issued by the joint venture, as the estimated cost of ... IOC approves buying 50 per cent stake in GSPL LNG Terminal in Gujarat Indian Oil to acquire 50% stake in Adani-GSPC's LNG terminal Indian Oil to buy 50% stake in Adani-Gujarat State Petroleum's LNG terminal at Mundra |