GAIL (India) said last week it’s fast-tracked the interstate Jagdishpur-Haldia and Bokaro-Dhamra (JHBDPL) natural gas pipeline project in India by awarding contracts for a 313-mileline segment in Bihar, Jharkhand and West Bengal.
IL&FS Engineering and Construction Company said it got a Rs 216 cr order from Gas Authority of India Limited to lay a 158 km long pipeline.
In a first time ever, the Cabinet Committee on Economic Affairs approved Capital Grant of 40%, amounting to Rs. 5,176 Crores over 5 years, for the pipeline project, to be implemented by GAIL at an estimated capital outlay of Rs. 12,940 Crores. This is the first time ever that Central Government has approved capital Grant for a Natural Gas pipeline project.
In a major step towards the construction of the Jagadishpur-Haldia-Bokaro-Dhamra Natural Gas Pipeline (JHBDPL), GAIL (India) Ltd has approved placement of orders for pipeline laying work of 345 km from Phulpur to Dobhi under Phase-IB at an estimated cost of Rs 306 crore. The order is for two sections to be executed simultaneously by JSIW Infrastructure Pvt. Ltd. and IL&FS Engineering & Construction Co. Ltd Laying works under phase-IB shall commence by the end of October, 2016 and targeted to be completed by December, 2018.
Cabinet approves Capital Grant to GAIL for development of Gas Infrastructure in Eastern part of the country
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has approved viability gap funding / partial capital grant at 40 percent (Rs. 5,176 crore) of the estimated capital cost of Rs. 12,940 crore to GAIL for development of 2539 km long Jagdishpur-Haidia and Bokaro-Dhamra Gas Pipeline (JHBDPL) project.