Published On:July 17 2014
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Arun Jaitley's Budget 2014 promise of 15,000 km gas pipeline sees GAIL India resistance.
Finance minister Arun Jaitley's Budget promise of building 15,000 kilometres of new gas pipelines is facing resistance from the main state-run firm in the business. GAIL India is dithering on building a 2,050-km pipeline from Haldia to Jagdishpur, saying there are no customers or gas available to justify the Rs. 8,000-crore project.
The pipeline would have carried 32 million standard cubic meters of gas per day to fuel fertiliser, power, steel, petrochemicals and several small industrial units in Uttar Pradesh, Bihar, Jharkhand and West Bengal. It was hoping sick fertiliser plants along the way would be revived by the time it starts ferrying gas.
ET