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.
(Sourced from Business Line)
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