GAIL draws up Rs 30,000 crore capex plan for expansion

GAIL draws up Rs 30,000 crore capex plan for expansion

State-owned gas utility GAIL India today said it has drawn up investment plans of Rs 30,000 crore for expansion

“We have investment plans for Rs 30,000 crore projects in hand, out of which Rs 8,000 crore in the coal gasification, 1,500 crore in city gas and Rs 1,000 crore in breakwater water project,” GAIL Chairman and MD B C Tripathi told reporters here.

GAIL is also currently executing gas pipelines worth Rs 20,000 crore and another Rs 10,000 crore worth of lines are under various stages of evaluation. Read more

Credits:economictimes.indiatimes.com

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