GAIL inks gas co-operation deal with Karnataka government

Gas Authority of India (GAIL) has entered into a gas co-operation agreement with Karnataka government. As per the deal, GAIL will lay two gas pipelines to the state from Dhabol and Kochi.

The Rs 6,000 crore worth project, being solely funded by GAIL, is expected to be completed by 2012. The company now has to acquire ROU (Right of Use) from the regulatory authority and notify it.

The proposed pipelines are designed to transport 16 million metric square cubic metres per day (MMSCD) of gas.