GAIL Announces Key Developments in Pipeline Expansion
In a recent update, Shri Sandeep Kumar Gupta, the Chairman and Managing Director of GAIL, announced significant advancements in their pipeline projects. He confirmed that the esteemed Prime Minister has officially inaugurated the Srikakulum Angul Pipeline (SAPL), marking a pivotal development in India’s energy infrastructure.
Shri Gupta also shared exciting news about the company’s future projects. GAIL has received approval from the Petroleum and Natural Gas Regulatory Board (PNGRB) to initiate the Vijaipur-Bina Pipeline project. This new venture is set to involve an investment of approximately ₹450 crore and is expected to be completed within the next three years.
Highlighting the company’s financial commitment to its growth initiatives, Shri Gupta detailed the capital expenditure for the current quarter. GAIL has invested about ₹1,662 crore, primarily focusing on the expansion of its pipeline networks and enhancements in its petrochemicals division. This investment is part of a broader strategy, with the total expenditure reaching around ₹4,838 crore by the first half of the fiscal year 2026.
- Project Inauguration: Prime Minister inaugurates the Srikakulum Angul Pipeline.
- New Project Authorization: GAIL to commence the Vijaipur-Bina Pipeline following PNGRB’s approval.
- Capital Expenditure: Current quarter investment stands at approximately ₹1,662 crore, with a focus on pipelines and petrochemicals.
- Overall Investment: The cumulative capital expenditure is projected to reach ₹4,838 crore by H1 FY26.
This series of developments underscores GAIL’s commitment to enhancing India’s energy infrastructure, supporting both economic growth and energy security.
