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GAIL (India) to set up 1,000 MW power plant in Punjab

13 Jun 2012 Evaluate

GAIL (India), the largest natural gas transmission company, is in process of setting up a 1,000-MW power plant in Ropar district at Punjab. The proposed plant will have three units of 330 MW each. The company will be setting up the plant in collaboration with the Punjab government. 

The Chief Minister of Punjab gave the approval on June 12, 2012. The approval was given at a meeting of the chief minister and senior officials with the top brass of the company, including Chairman and Managing Director.

Besides assured gas supply from Dadri-Nangal pipeline, around 150 acres of land is already available in the vicinity of the Guru Gobind Singh Super Thermal plant at Ropar.

GAIL (India) is the largest natural gas transmission company in India, with interests in transmission, distribution, processing, and downstream petrochemicals. GAIL operates over 8,600 kilometres of natural gas pipeline, accounting for approximately 74% of all gas transmitted in India.

Peers
Company Name CMP
GAIL (India) 172.00
Gujarat Energy 235.40
Indraprastha Gas 143.35
Mahanagar Gas 1047.60
Adani Total Gas 594.65
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