GAIL India Tuesday said it will expand its pipeline network capacity by about 50 per cent by constructing 5,500-kilometers of new lines in the next three years.
The state-owned company is also looking at setting up 400 CNG stations and giving out a record 10 lakh piped natural gas (PNG) connections to household kitchens, its Chairman and Managing Director B C Tripathi said.
GAIL operates 11,000-km of pipeline network and markets two-thirds of all natural gas sold in the country.
It is rapidly building infrastructure to support the government push towards a gas-based economy by raising the share of natural gas in the energy basket to 15 per cent from current 6.2 per cent, in next few years.
GAIL plans to “add 5,500-km gas pipelines to the existing network and leapfrog to capacity augmentation by about 50 per cent on the current base in the next three years in phases,” he told shareholders at the company’s 34th Annual General Meeting (AGM). Read More
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