Tuesday, November 4, 2008

Gail India Signs Agreement With Himachal State Government

Mumbai, Nov 5 : State-run GAIL India on Tuesday said it has entered into an agreement with the Himachal Pradesh government to study the feasibility of extending the Dadri-Bawana-Nangal natural gas pipeline to the state.

Under the agreement, the oil major would work on a joint exercise to assess the demand potential of natural gas and allied products in the state, GAIL India Ltd said in a filing to the Bombay Stock Exchange.

Dadri-Bawana-Nangal is a 610-km pipeline project, which would pass through UP, Delhi, Haryana and Punjab.

"GAIL will use its technical and commercial expertise to study the various options and collate the gas demand potential of Himachal Pradesh," the company said.

Department of Industries of the HP government would facilitate information pertaining to fertiliser, power, industry, domestic and transport sectors, which have potential to consume gas and CHG as fuel, it added.

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