Investment21 Sept 2026, 01:33 pm
IOCL gets ₹2,449 Cr investment approval for gas pipeline
AI Summary
Indian Oil Corporation Ltd (IOCL) has received investment approval from its Board for the Kochi-Kanyakumari-Thoothukudi Natural Gas Pipeline (KTPL) project. The estimated project cost is Rs. 2,448.70 crore. The pipeline will span 424.65 km from Kochi to Thoothukudi, with a system capacity of 6.84 MMSCMD, including at least 1.71 MMSCMD of common carrier capacity. This investment is a significant step towards expanding natural gas infrastructure in the region.
Key Highlights
- Board approves investment for Kochi-Kanyakumari-Thoothukudi gas pipeline.
- Project cost estimated at Rs. 2,448.70 crore.
- Pipeline length is 424.65 km.
- System capacity of 6.84 MMSCMD.
- Enhances natural gas infrastructure.
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