Times of India
GAIL’s Kochi-Mangaluru-Bengaluru pipeline to be operational in 30 months: Ananth Kumar
Jaideep Shenoy PUTTUR:
Gas Authority of India Ltd’s much vaunted Kochi-Kanjirkkod-Bengaluru-Mangaluru LNG pipeline will go on stream in next 30 months, union minister for chemicals and fertilisers Ananth Kumar said. An important decision taken by Kerala government to provide right of way to GAIL to implement the project has removed the bottlenecks that was delaying the project and this follows a joint meeting held with members of parliament and the government there, he noted.
Inaugurating the three-day Agri-machinery fair III 2015 organised by Campco Ltd in association with Arecanut Research and Development Foundation, Vivekananda College of Engineering and Technology and Vivekananda Polytechnic here on Saturday, Ananth Kumar said this pipeline will give a new lease of life to Mangalore Chemicals and Fertilisers. The state’s only fertilizer plant is suffering on account on non-availability of natural gas to undertake full scale production.
The NDA government has approved Rs 5,000 crore for this project that will bring gas to this part of the state, he said, adding tenders have already been floated. MCF can continue its operations unabated for decades to come once the pipeline is through, he said adding the union government has taken a decision to give fillip to downstream processing unit in any region where an oil refinery is put up. “It is our intent to ensure that crude is used to its optimal level,” he said.
Noting that refineries must now set up downstream cracker unit as part of this renewed focus on the petroleum sector, Ananth Kumar said this could also translate in to polymer parks, plastic parks and other allied industries. The union government has also given a thrust to promoting petroleum investment region at a cost of Rs 10,500-lakh crore investment in Paradip, Vishakapatnam, Nagapattinam and Dahej, he said adding these will create an estimated 37-lakh new jobs.