Friday, 13 April 2018

GAIL finalizes major contracts for project

GAIL finalizes major contracts for project.
Pipe laying orders placed for Bokaro (Jharkhand) – Angul (Odisha) section
New Delhi, April 13, 2018: GAIL (India) Limited has placed pipe laying orders of Rs 780 crs for approx. 530 Kms for pipeline connectivity from Bokaro  (in Jharkhand) to Angul (in Odisha) Jagdishpur-Haldia & Bokaro-Dhamra Natural Gas Pipeline (JHBDPL) project. With these awards, major contracts of the project, i.e. pipe supply and laying contract orders for 2200 Kms have been finalized.
The prestigious 2655 Km long JHBDPL project, also known as the ‘Pradhan Mantri Urja Ganga’ project was inaugurated by Hon’ble Prime Minister of India in July 2015. The project is progressing in full swing and first phase of the project will be completed before the scheduled target date of December 2018. GAIL till date has committed over Rs 7400 crs for the project which will pass through the state of Uttar Pradesh, Bihar, Jharkhand, West Bengal and Odisha.
The project will usher Industrial development in eastern part of India by supplying environmentally clean Natural Gas to Fertilizer & Power plant, Refineries, Steel plants and other Industries. Further, the arrival of the Pradhan Mantri Urja Ganga will provide direct and indirect employment to thousands of people.
The project will also provide clean energy to households and transportation in the cities en-route the pipeline. The City gas Network laying activity in Varanasi, Bhubaneswar and Cuttack has already commenced. Project activities will start on ground in other cities namely Patna, Ranchi and Jamshedpur by next month.
Shri B. C. Tripathi, Chairman & Managing Director, GAIL said that “the Project activities in the prestigious Pradhan Mantri Urja Ganga project is progressing as per schedule. Major Contracts for the project has been awarded. The schedule completion date for Phase –I of the Project from Phulpur in Uttar Pradesh to Dobhi, Patna and Baruani in Bihar is Dec’2018 and we are confident of completing it ahead of schedule. City Gas Project Activities are also progressing well. The project will create a boon for clean Industrial development in the eastern part of the country.”
CMD, GAIL further added that “GAIL has achieved its annual targeted total Capital outlay and has expended around Rs 4000 crs during the fiscal year ending March 2018. GAIL will be spending its targeted capital outlay of Rs 6400 crs in the current fiscal year largely for the 4000 kms of pipe line and City Gas projects it is presently executing.”
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