STOCKWATCH
ยท
Gas Transmission/Marketing
Deals23 Jun 2025, 02:02 pm

Gail (India) Ltd Revises Completion Schedule of Mumbai-Nagpur-Jharsuguda Pipeline Project with Additional Cost of Rs. 411.12 Crore

AI Summary

Gail (India) Ltd has revised the completion schedule of the Mumbai-Nagpur-Jharsuguda Pipeline (MNJPL) project. The completion of the Mumbai-Nagpur Pipeline (Part-A) and Nagpur-Jharsuguda Pipeline (Part-B) has been delayed due to various hindrances and technical challenges. The Nagpur-Jabalpur Pipeline (Part-C) is also affected due to delay in acquisition of RoU, permanent Land parcels for valve stations and local resistance. The entire MNJPL is expected to be completed progressively by Sept.โ€™25. The project cost is anticipated to be increased by Rs. 411.12 Crore, making the revised project cost Rs. 8,255.37 Crore.

Key Highlights

  • Revision of completion schedule for Mumbai-Nagpur-Jharsuguda Pipeline Project
  • Additional cost of Rs. 411.12 Crore for the project
  • Delay in completion due to various hindrances and technical challenges
  • Affected pipelines: Mumbai-Nagpur Pipeline (Part-A), Nagpur-Jharsuguda Pipeline (Part-B), and Nagpur-Jabalpur Pipeline (Part-C)
  • Expected completion in Sept.โ€™25
GAIL
Gas Transmission/Marketing
GAIL (INDIA) LTD.

Price Impact