GAIL to invest INR 14,000 crore to double pipeline output
BS reported that the state run GAIL (India) is planning to invest INR 14,000 crore to double the capacity of its existing pipeline network to meet the increasing industrial demand for liquefied petroleum gas in the country.
Mr MM Mandal ED marketing GAIL on the sidelines of a conference organized by the Bombay Chambers of Commerce and Industry said that "We are planning to double our existing pipeline network to meet the growing demand from our consumers."
GAIL is also holding discussions with oil marketing companies so as to provide connectivity to their various bottling plants for supplying LPG from fractionators and ensuring connectivity with the existing LPG pipeline network.
GAIL's 1,927 kilometer LPG pipeline network connects the western, northern and southern parts of the country. GAIL's LPG pipelines can transport 3.8 million tonnes per annum of LPG and have the capacity to supply more than 20% of the LPG consumed in the country.
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