Announcement

Tuesday, July 28, 2009

GAIL approves INR 8000 crore pipeline projects

GAIL approves INR 8000 crore pipeline projects

PTI cited Mr UD Choubey chairman of GAIL as saying that the GAIL board has approved INR 8,000 crore pipeline projects to be implemented by 2012.

Mr RK Goel director (finance) of GAIL said “GAIL will raise INR 2,000 crore from the domestic market this fiscal, INR 5,000 crore next fiscal mostly through external commercial borrowing and INR 10,000 crore in 2011-12.”

(Sourced from GAIL approves INR 8000 crore pipeline projects)

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