Gail hires contractors for Jagdishpur-Haldia gas pipeline
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New Delhi: State-owned Gail (India) Ltd said on Monday it had decided to hire JSIW Infrastructure Pvt. Ltd and IL&FS Engineering & Construction Co. Ltd for laying part of the 2,539 km Jagdishpur-Haldia/Bokaro-Dhamra natural gas pipeline.
The order is for laying 345 km of pipelines from Phulpur to Dobhi at an estimated cost of Rs306 crore under two sections to be executed simultaneously by the two companies, said a Gail statement. Work will start later this month and will be completed by December 2018, it said.
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The Rs12,940 crore pipeline project gets central government funding of about 40%, amounting to Rs5,176 crore over five years as developing the eastern part of the country is a priority for the government.
The first phase of the project is estimated to cost Rs3,200 crore and will cover 755 km along Phulpur, Mani, Gorakhpur, Varanasi, Dobhi, Silao, Patna and Barauni, the statement added. The entire project is expected to be completed by December 2020.