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GAIL (India) provides update on Kerala natural gas pipeline project

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Capital Market

Awards contracts worth Rs 200 crore

GAIL (India) has awarded contracts for pipeline laying works of Kochi-Koottanad-Mangaluru pipeline for another 131 kilometre section at a cost of approximately Rs 200 crore. With this, over 75% of the pipeline project will be in the construction phase.

The balance 111 kilometres stretch will be awarded by July 2017. GAIL (India) is targeting to complete the entire project by December 2018.

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First Published: May 02 2017 | 10:17 AM IST

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