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GAIL to invest over Rs 45,000 crore to expand national gas grid, city gas network

21 Aug 2019

GAIL India is looking to invest over Rs 45,000 crore over the next five years to expand the National Gas Grid and city gas distribution network. Currently, the company operates 11,000-km of pipeline network and markets two-thirds of all natural gas sold in the country.

Investments worth over Rs 45,000 crore are envisaged in coming few years, across major cross country pipeline projects along Urja Ganga Project, Kochi-Koottanad-Bangalore-Mangalore, Indradhanush North East Gas Grid and other crucial pipelines connecting supply and demand centres envisaged under the National Gas Grid.

GAIL India is India’s principal Natural Gas Company with activities ranging from Gas Transmission and Marketing to Processing (for fractionating LPG, Propane, SBP Solvent and Pentane); transmission of Liquefied Petroleum Gas (LPG); production and marketing of Petrochemicals like HDPE and LLDPE and leasing bandwidth in Telecommunications.

Related GAIL (India) Ltd. Links:

GAIL India Share Price

150.35 0.55 (0.37%) Oct 22, 18:01
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Company Name CMP
GAIL India 150.35
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