GAIL constructing INR 18,000 crore worth of pipelines
Wednesday, 30 Sep 2009
It is reported that state run utility GAIL Ltd is constructing pipelines worth INR 18,000 crore, which will augment its gas transportation network by 6,000 kilometres over the next three years.
Mr A K Purwaha director business development of GAIL said that “We currently have pipelines worth INR 18,000 crore under construction. We will be adding 6,000 kilometers of pipelines over the next 3 to 4 years.”
He added that the company, at present has a network of 7,000 kilometers. The company has invested in five new pipelines and taken up upgradation of some existing networks.
GAIL had earlier said that it would lay a 600 km pipeline from Jhabua to Kailaras in Madhya Pradesh at an estimated cost of INR 3,000 crore. It also plans to commission a few pipelines in the current fiscal, Purwaha said, but did not give details.
GAIL, which has a CAPEX plan of INR 5,558 crore in 2009-10 plans to more than double the amount of gas it transports by 2011-12.
