June 24, 2018
Bengal Govt takes initiative to supply natural gas through pipelines
The Bengal Government has taken an initiative to supply natural gas through pipelines, through a joint venture between Greater Calcutta Gas Supply Corporation (GCGSC) and Gas Authority of India Limited (GAIL).
The joint venture between GCGSC, which is a State Government-owned company and GAIL will be in the ratio of 74 is to 26. The total investment for the project will be Rs 6,000 crore, with an initial investment of Rs 144 crore.
The project will ensure supply of natural gas through pipelines to households, hospitals and small industries in the area under Kolkata Metropolitan Development Authority (KMDA). The whole of the area under KMDA would be covered in phases, within a period of two to five years
Through this project, there will be easy supply of gas and that too at the right price. It will also help in reducing pollution, as small industries where coal is still used as fuel, will be using natural gas.
Source: Millennium Post