GAIL (India) Ltd.

State-owned gas utility GAIL India has entered into gas transmission agreement with Bangalore based -- Information Technology Park (ITPL) -- to supply around 60,000 standard cubic meters of natural gas per day.

ITPL will probably start utilizing natural gas early next year in their upcoming captive power plant. The gas will be supplied to ITPL from the Dabhol-Bangalore Pipeline being set up by GAIL at an investment of around Rs 3500 crore.

The pipeline will connect the Dabhol-LNG Terminal, operated by Ratnagiri Gas and Power Pvt to gas consumption centers in Maharashtra, Goa and Karnataka. The Dabhol terminal is being commissioned and the pipeline up to Bangalore is expected to be commissioned by August of this year.

In separate development, the company has signed contracts with industrial customers such as Toyota Kirloskar Autoparts and H&R Johnson located in districts adjoining Bangalore. Hindalco, Belgaum and Murudeshwar Ceramics, Hubli are other customers who will draw natural gas from GAIL’s pipeline.

Gail India 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.