Bangalore, June 3, (IANS) State-run Gas Authority of India Ltd (GAIL) will lay its 1,400-km gas pipeline from Dabhol in Maharashtra to Bangalore in Karnataka by March 2012, a senior company official said Thursday.
"The Rs.5,000-crore (Rs.50-billion) pipeline will supply gas to fertilizer and power plants coming up near Bangalore and Mangalore in Karnataka and Goa," GAIL chairman and managing director B.C. Tripathi told reporters here.
The pipelines will have an installed capacity to supply about 30 million metric standard cubic metre of gas daily.
"We are building four terminals in Gujarat, Maharashtra and Kerala to process the imported crude gas," Tripathi said on the margins of the second Global Investors Meet (GIM 2010) here.
GAIL also signed an agreement with the state government at the GIM to implement, operate and manage the city gas distribution project to supply compressed natural gas (CNG) to automobiles and piped gas to households in Bangalore and Mangalore.
"We plan to connect households in 201 cities across the country with piped natural gas by 2015," Tripathi added.