Mumbai:
GAIL will invest Rs18,000 crore over the next few years
in five pipeline projects and upgradation of existing
trunk lines to take the fuel from gas fields and import
points to consumers, its chairman and managing director
UD Choubey said.
The
new pipelines would include the Rs2,500 crore Dadri-Bawana-Nangal
line, Rs1,000 crore Chainsa-Gurgaon-Jhajjhar-Hissar pipeline,
Rs2,000 crore Jagdishpur-Haldia pipeline, Rs2,500 crore
Dabhol-Bangalore line and Rs2,500 crore Kochi-Kanjirkkod-Bangalore
pipeline.
GAIL
also plans to lay three new lines to increase the capacities
of the Dahej-Vijaipur pipeline (610-km), Vijaipur-Dadri
line (505 km) and Vijaipur-Auraiya-Jagdishpur pipeline
(571 km).
The
5,000-km pipelines would enhance GAIL`s gas transportation
capability to 280 million standard cubic metres per day
(MMSCMD) from the current 175 MMSCMD.
This
will boost GAIL''s pipeline transportation revenues from
the current Rs2,000 crore to Rs5,800 crore by 2011-12.
"The
five new pipelines will be built on the common carrier
principle and 33 per cent of the planned capacity will
be offered to third parties," Choubey said, adding
that expressions of interest (EoIs) for taking capacities
in five new pipelines on a "common carrier"
basis would soon be invited in accordance with the pipeline
policy.
"This
will further strengthen GAIL''s position as a major gas
transmission company and add to the existing network of
over 5,600
km," Choubey said. These pipelines will be built
by GAIL on ownership basis and completed in two phases
in three-four years.
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