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GAIL plans investment for next fiscal

Wednesday, 31 Mar 2010
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GAIL proposes to invest Rs 6,000 crore in fiscal 2010-2011, in order to reach it target of laying 5,000 km pipelines by 2013.

The company, which has earmarked Rs 28,000 crore for the five-year period, will lay 1,000-km of natural gas pipelines across the country in 2010-11.

So far, the company has commissioned 600 km pipelines during the current fiscal under a capex of about Rs 4,500 crore.

Also See:

GAIL commences gas supply to Maruti's Manesar plant (31-Mar-10)

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