Gail (India) will hold 28% stake in the special purpose vehicle (SPV) being set up for the revival of the $2.9 billion Dabhol Power Company (DPC)."The new company will be registered in a week to 10 days time," Gail CMD P Banerjee said today.NTPC and domestic financial institutions will be the co-promoters of the SPV, which is aiming at re-starting the ailing project by 2006.
