All the required formalities have been completed for the launch a joint venture company between Vadodara Municipal Corporation (VMC) and GAIL India for supply of natural gas in the city and surrounding areas.

“The proposal of this joint venture company would come before the general body of the VMC on August 8. After getting approval from the elected members of the VMC, the Gujarat government as well as the the concerned central authorities, the joint venture company is expected to come into existence in the next couple of months,” he said.