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GSPL likely to borrow Rs.300 crore from IFC

Wednesday, 25 Apr 2007
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Gujarat State Petronet is planning to borrow about Rs.300 crore from the World Bank subsidiary International Finance Corporation to part-finance its pipeline expansion project which will require an investment of around Rs.2,000 crore.

GSPL's existing gas transmission network comprises 1,080 km medium to high pressure pipelines connecting natural gas supply points at Hazira and Dahej to consumption points currently covering districts of Ahmedabad, Anand, Baroda, Bharuch, Gandhinagar and Surat.

Also See:

GSPC-RIL signs gas transportation agreement (02-Apr-07)

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