GAIL invests Rs 20,000cr in Pipeline

Shirdi: The company also has plans to lay 6,000 km of pipelines at a cost of Rs 20,000 crore over the next five years.

The country’s flagship natural gas company, GAIL India, plans to lay a pipeline from Dabhol to Bangalore, a distance of about 780 km, at an estimated cost of Rs 1,200 crore, Chairman and Managing Director U D Choubey said.

The company also has plans to lay pipelines covering nearly 6,000 km, at an expected project cost of Rs 20,000 crore.

The Dabhol to Bangalore project is expected to start by January, Choubey said, after a visit to the Sai Baba temple in Shirdi.

Ratnagiri Gas & Power, a joint venture between GAIL and power generating utility NTPC, owns the Dabhol power plant.

The central government has already given its nod for the project, the GAIL chief said.

Over the next five years, GAIL plans to lay pipelines covering nearly 6,000 km, at an estimated project cost of Rs 20,000 crore.

That apart, the company has also signed a memorandum of understanding with Rashtriya Chemicals and Fertilisers to set up a gas-based fertiliser plant at Talchar in Orissa, Choubey said. The project is expected to cost about Rs 6,000 crore.

Choubey also mentioned that Nasik and Pune cities will soon be provided CNG, for industrial use as well as transportation.