GSPL wins right for two pipelines
Gujarat State Petronet Ltd (GSPL) has trounced GAIL India and a joint venture of Adani Group and Welspun to win rights for two cross-country natural gas pipelines.
A GSPL-led consortium beat GAIL to get rights to lay a 1,600-km line from Mallavaram to Bhilwara, . The consortia, which also included Indian Oil, Hindustan Petroleum and Bharat Petroleum, beat Adani-Welspun combine to get rights of 740-km Bhatinda-Jammu-Srinagar line. “The GSPL-led consortium bid lowest tariff for the two pipelines,” a source said. While bids for the Mallavaram-Bhilwara pipeline were opened by Petroleum and Natural Gas Regulatory Board on Monday, offers for Bhatinda-Jammu line were opened on Wednesday.
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