SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

GSPL led group wins interstate pipeline bid

19 Oct 2010 Evaluate

A consortium led by Gujarat State Petronet Ltd (GSPL), a subsidiary of Gujarat State Petroleum Corp. Ltd, has won a bid for laying down a 1,585km pipeline from Mallavaram to Bhilwara via Vijaipur. GSPL holds a 52% stake in the winning entity, which is yet to be named, while Indian Oil Corp. Ltd holds 26%. Hindustan Petroleum Corp. Ltd and Bharat Petroleum Corp. Ltd hold 11% each.

Laying the entire pipeline would cost at least `6,300 crore at `4 crore per kilometer. This pipeline project, the first interstate project for GSPL, will eventually be integrated with other pipelines such as the Hazira Vijaipur Jagdishpur (HVJ) pipeline, and the proposed Mehsana Bhatinda pipeline (1,670km) and Surat Paradip pipeline (1,680km) projects.

The consortium has also submitted expressions of interest for both the proposed interstate projects. Recently, Canada's Niko Resources Ltd, which owns 15 % in Reliance Industries Ltd (RIL) operated D4 block in the east coast of India, said the block has a potential of 100 trillion cu. ft reserves.

crackcrack

Guj. State Petronet Share Price

272.35 19.60 (7.75%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
GAIL India 157.80
Gujarat Gas 362.60
Indraprastha Gas 169.25
Mahanagar Gas 1125.45
Adani Total Gas 632.90
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×