Consortium to invest Rs.12,500 crore in gas pipeline project
May 21st, 2011 - 1:38 am ICT by IANSGandhinagar, May 21 (IANS) A consortium led by the Gujarat State Petronet Limited (GSPL) will invest Rs.12,500 crore over the next three years to lay three cross-country gas pipelines.
The pipeline will be laid from Mallavaram in Andhra Pradesh to Bhilwara in Rajasthan (1,611 km), Mehsana in Gujarat to Bhatinda in Punjab (1,688 km) and Bhatinda to Jammu (512 km), said Tapan Ray, managing director of Gujarat State Petroleum Corporation (GSPC) said here Friday.
The letter of authorisation was granted Wednesday by the Petroleum and Natural Gas Regulatory Board (PNGRB).
According to the GSPC chief, the pipelines will travel through Andhra Pradesh, Maharashtra, Madhya Pradesh, Gujarat, Rajasthan, Haryana, the National Capital Region, Punjab and Jammu and Kashmir and benefit industries and city agglomerations lacking piped gas connectivity.
Ray said that the consortium comprising GSPL (52 percent), Indian Oil Corporation (26 percent), Bharat Petroleum Corporation and Hindustan Petroleum Corporation (11 percent each) will also be bidding for the proposed gas pipeline from Hazira near Surat to Paradip (Orissa) soon.
- GSPC-led consortium wins bid for Kakinada-Bhilwara pipeline - Oct 19, 2010
- Gas board questioned on Gujarat-Punjab pipeline (Lead) - Jun 16, 2011
- GSPC to undertake city gas distribution project - Jun 02, 2010
- Gujarat plans to build 1,460 km gas pipeline - Jun 30, 2009
- Supreme Court questions petroleum, gas board - Jun 16, 2011
- GSPCL spot LNG cargo lands at Dahej - Apr 22, 2010
- Surat-Paradip Gas pipeline to cover four Chhattisgarh districts - Nov 13, 2010
- India plans two national gas grids - Oct 19, 2010
- GSPC signs LNG supply agreement with Gazprom Singapore - Jun 03, 2011
- ONGC joint venture planning IPO in 2012 - Mar 14, 2010
- GSPC-Gazprom tie up for LNG supply - Jan 11, 2011
- Essar Steel commissions Phase 1 of Odisha pellet plant - Apr 09, 2012
- Russia's Gazprom to supply LNG to India - Jul 21, 2011
- Gas distribution networks to be set up in Uttar Pradesh - May 22, 2012
- L&T; bags Rs.1,450 crore contract from Gujarat - May 18, 2011
Tags: bharat petroleum, crore, gas pipeline project, gas pipelines, gspc, gspl, gujarat state petroleum corporation, gujarat state petronet, hindustan petroleum, hindustan petroleum corporation, indian oil, indian oil corporation, jammu and kashmir, maharashtra, mehsana, orissa, paradip, punjab, rajasthan, regulatory board