GAIL (India) Ltd.

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GAIL to invest Rs 6,000 crore for laying pipelines

Date: 01-04-2010

As part of plans to meet its target under the 11th Five-Year Plan of adding 5,000-km pipelines by 2013, state-run GAIL (India) will invest about Rs 6,000 crore in the next fiscal. The company, which has earmarked Rs 28,000 crore for the five-year period, will lay 1,000-km of natural gas pipelines across the country in 2010-11.

 

The company has commissioned 600-km of pipelines during the current fiscal under a capital expenditure plan of about Rs 4,500 crore. Currently over 1,500-km of pipelines are under construction in Gujarat, Madhya Pradesh, Haryana, Rajasthan, Punjab and some other states. crackcrack