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| GAIL to invest Rs 7,500 cr in Dabhol, Kochi pipelines |
| Press Trust of India / New Delhi Jun 25, 2009, 21:14 IST |
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State-run gas utility GAIL India today said it will invest over Rs 7,500 crore in laying natural gas transportation pipelines from Dabhol on Maharashtra coast to Bengaluru and Kochi to Mangalore.
The board of GAIL has "accorded an investment approval of over Rs 7,500 crore for laying Dabhol-Bengaluru and Kochi-Kanjirkkod-Bengaluru-Mangalore pipelines", the company said in a press release here.
GAIL Chairman and Managing Director UD Choubey today called on Karnataka Chief Secretary Sudhakar Rao in Bengaluru today. During the meeting, the Chief Secretary assured of full support from the state government for implementation of these pipeline projects, the release said.
GAIL board approved an investment of Rs 4543.43 crore, including foreign exchange component of Rs 193.45 crore for 1,389 km Dabhol-Bengaluru pipeline project. The design capacity of the 30-inch diameter Dabhol-Bengaluru section is 16 million standard cubic meters per day and the project will be implemented in two phases.
In part A of the first phase, 402 km pipeline will be laid from Dabhol to Gokak alongwith spurlines to Belgaum and Goa at an estimated investment of Rs 1,593.47 crore and is scheduled to be completed by 2011-12. In part B of the phase I, 570 km pipeline will be laid from Gokak to Bidadi alongwith spur lines / feeder lines to Bengaluru at an estimated investment of Rs 2,463.91 crore and is scheduled to be completed by 2011-12 / 2012-13.
In phase II of the project, 417 km spur lines / feeder lines will be laid to Ratnagiri, Kolhapur, Sangali, Bijapur, Dharwad, Devangere, Harihar and Tumkur at an estimated investment of Rs 486.05 crore and is scheduled to be completed by 2012-13 / 2013-14.
For the second project, 1,114 km Kochi-Kanjirkkod- Bengaluru-Mangalore pipeline, an investment of Rs 3,032 crore including foreign exchange component of Rs 18.57 crore has been approved. The design capacity of this pipeline is 16 mmscmd including 4 mmscmd as common carrier and the project will be implemented in two phases, the release said.
In phase I of the project, 96 km pipeline will be laid from from Kochi to Alwaye at an estimated investment of Rs 267.50 crore. The phase I is scheduled to be completed by 2011-12.
In phase II of the project, 1,018-km pipeline will be laid from Alwaye to Kanjirrkkod, Kanjirrkkod to Mangalore and Kanjirrkkod to Palghat / Palakkad. The phase II of the project will involve an estimated investment of Rs 2764.50 crore is scheduled to be completed by 2012-13.
GAIL had received the authorization for laying Dabhol-Bengaluru and Kochi-Kanjirkkod-Bengaluru-Mangalore pipelines from Petroleum Ministry in July, 2007, the release added.
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