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GAIL in pact with ITPL for gas transmission

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GAIL in pact with ITPL for gas transmission
GAIL India has signed a gas transmission agreement with Information Technology Park Ltd (ITPL), for supplying 60,000 SMCD of natural gas.

ITPL is likely to use the gas for its upcoming power plant with waste heat recovery for air conditioning. The company is likely to now shift its entire power requirement on gas based generation for cooling and power.

 

The gas will be supplied to ITPL from the Dabhol-Bangalore pipeline being set up by GAIL at an investment of Rs 3500 crores. The Dabhol terminal is being commissioned and the pipeline to Bangalore is expected to be completed by August 2012.

ITPL, Bangalore is the flagship IT office space provider in Bangalore jointly promoted by the Government of Singapore and Karnataka Industrial Area Development Board.

GAIL has also signed contracts with industrial consumers such as Toyota Kirloskar Autoparts and H&R Johnson, located in districts adjoining Bangalore.

Hindalco Belgaum, and Murudeshwar Ceramics, Hubli are other customers who will draw natural gas from GAIL pipeline.

GoodReturns.in

Read more about: gail itpl
Story first published: Thursday, March 29, 2012, 11:34 [IST]
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