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GAIL to invest Rs 9,000 crore for completion of on-going projects

14 Jan 2013 Evaluate

In a bid to complete the many on-going projects, state-run gas utility GAIL India is planning to invest Rs 9,000 crore in the next fiscal. Out of total invested amount, most will be used for laying more pipelines and expansion of its petrochemicals project at Pata in Uttar Pradesh.

In the current fiscal, Gail had planned a similar capital expenditure, but is likely to end the year with a spending of Rs 6,500 crore only.

GAIL is India's flagship natural gas company integrating all aspects of the natural gas value chain including exploration and production, processing, transmission, distribution and marketing and related services.

GAIL India Share Price

166.50 -0.95 (-0.57%)
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Company Name CMP
GAIL India 166.50
Gujarat Gas 396.55
Indraprastha Gas 166.25
Mahanagar Gas 1171.95
Adani Total Gas 633.70
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