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News Brief | July 2014

GAIL to invest in CNG highway corridor

GAIL Gas, a unit of state gas utility GAIL India, will invest Rs 141 crore in building CNG highway corridors in Uttar Pradesh. The company has signed a MoU with Uttar Pradesh State Industrial Development Corp (UPSIDC) for this. It is planning three major CNG corridor projects along the highways - Delhi-Agra covering 200 km, Lucknow-Kanpur highway covering 77 km and Karanpur-Moradabad-Kashipur-Rudrapur Highway covering 145 km. The Delhi-Agra project will cost Rs 48 crore while Lucknow-Kanpur project will cost Rs 16 crore. The third project will cost Rs 32 crore. GAIL plans to use mobile cascades to meet demand for natural gas in industrial clusters in Uttar Pradesh.
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