Prime Minister Manmohan Singh on Tuesday dedicated GAIL India Ltd's 1,000 km Dabhol-Bangalore natural gas pipeline to the nation.
While the pipeline was completed earlier this year, the Prime Minister dedicated it to the nation during the inauguration of the 8th Asia Gas Partnership Summit (AGPS) in Bangalore in the presence of Oil Minister M Veerappa Moily.
Singh said GAIL had witnessed rapid growth over the years to become a diversified conglomerate. "Today, GAIL is one of our best public sector enterprises and has been categorised as a Maharatna," Singh said.
The Dabhol–Bangalore pipeline connects South India to the national gas grid for the first time, GAIL Chairman and Managing Director B C Tripathi said. Constructed with an investment of Rs 4,500 crore, the pipeline can carry 16 million standard cubic meters per day of natural gas, which can be used to produce 3,000 MW of clean energy.
Singh also assured investors of the government’s commitment to provide a stable and enabling policy environment for exploration of new sources of energy
The pipeline passes through Belgaum, Dharwad, Gadag, Bellary, Devanagere, Chitradurga, Tumkur, Ramanagaram, Bengaluru Rural and Bengaluru Urban districts.
The participants from international organizations and companies will include top officials from International Energy Agency, International Gas Union, BG Group, Carrizo Oil and Gas of the US, PetroChina Company Limited, GDF Suez of France, Shell, Total Gas and Power and Natural Gas Fenosa of Spain, besides others. (ANI)
While the pipeline was completed earlier this year, the Prime Minister dedicated it to the nation during the inauguration of the 8th Asia Gas Partnership Summit (AGPS) in Bangalore in the presence of Oil Minister M Veerappa Moily.
Singh said GAIL had witnessed rapid growth over the years to become a diversified conglomerate. "Today, GAIL is one of our best public sector enterprises and has been categorised as a Maharatna," Singh said.
The Dabhol–Bangalore pipeline connects South India to the national gas grid for the first time, GAIL Chairman and Managing Director B C Tripathi said. Constructed with an investment of Rs 4,500 crore, the pipeline can carry 16 million standard cubic meters per day of natural gas, which can be used to produce 3,000 MW of clean energy.
Singh also assured investors of the government’s commitment to provide a stable and enabling policy environment for exploration of new sources of energy
The pipeline passes through Belgaum, Dharwad, Gadag, Bellary, Devanagere, Chitradurga, Tumkur, Ramanagaram, Bengaluru Rural and Bengaluru Urban districts.
The participants from international organizations and companies will include top officials from International Energy Agency, International Gas Union, BG Group, Carrizo Oil and Gas of the US, PetroChina Company Limited, GDF Suez of France, Shell, Total Gas and Power and Natural Gas Fenosa of Spain, besides others. (ANI)
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