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News Brief | January 2017

GSPL seeks Centre funds

After State-owned GAIL India Ltd, Gujarat Government has sought Rs.6,600 crore from the Central Government to partly fund two gas pipeline projects of its firm GSPL including one taking the fuel to Jammu and Kashmir. Gujarat State Petronet Ltd (GSPL) had in 2011 quoted rock-bottom tariff to win rights to lay gas pipeline from Mehsana in Gujarat to Bhatinda in Punjab and onwards to Jammu and Srinagar as well as one from Mallavaram on the east coast to Bhopal and Bhilwara in Rajasthan, but has since then struggled to begin work on laying the lines. Vijaipur pipeline will cost Rs.8,086 crore, 2,052-km Mehsana-Bhatinda line will cost Rs.6,864 crore and 725-km Bhatinda-Jammu-Srinagar line would cost Rs.1,520 crore.
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