GAIL India will make investments worth Rs 15,000 crore over the next two-three years for expansion of its pipeline network to connect consumption centres. As per GAIL officials, the company is laying new pipelines for connecting cities in the northern states such as Uttar Pradesh, Uttarakhand, Punjab and Haryana.
GAIL has planned pipelines to connect cities like Meerut, Saharanpur and Moradabad in UP, Dehradun in Uttarakhand, Bathinda and Nangal in Punjab and Panipat, Hissar and Gurgaon in Haryana by 2013. Apart from this, GAIL is also expanding its 10,700 km of cross-country pipeline network. It is laying 5,000 km of pipeline to connect gas sources on the western coast to consumption centres in the north by 2013.
As per estimates, the gas demand in northern India is expected to grow at the rate of 20-25 per cent over the next two-three years and in order to meet this demand GAIL will invest Rs 15,000 crore in laying new lines.
Source :
GAIL to pump in Rs 15,000 cr in new pipelines
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