Processing .....please wait.. 
The article has been forwarded.... 
GAIL seeks nod for pipeline gas in 230 cities
Tuesday, 04 September 2007, 19:30 IST
New Delhi: State-run gas distribution and exploration major Gas Authority of India Ltd (GAIL) has sought the government's nod for supplying pipeline gas in 230 cities across the country, a top official said Monday.
"GAIL was the first company to introduce city gas projects in India to supply pipelined natural gas and compressed natural gas and formed eight joint ventures for the purpose," said U.D. Choubey, GAIL chairman and managing director.
"The company has recently approached the government with firm plans for granting approval to pursue city gas projects in 230 cities across the country," Choubey told the company's 23rd annum general meeting here.
GAIL, he said, would complete its eight new pipeline projects by 2011. This will be part of its ambitious programme for a nationwide integrated gas grid spread over 5,000 km at an estimated expenditure of 
200 billion.
To ensure gas availability beyond the present quantities, the firm has accords with several companies and institutions and is in active discussions with several global players. Exploration and production will also be pursued, Choubey said.
In petrochemicals, GAIL proposes to add significant capacities through joint ventures both in India and abroad. Decision has been taken to increase the capacity of its Peta petrochemical plant by a third to 410,000 tonnes per annum.
Choubey said the company has also formed a subsidiary, the Brahmaputra Cracker and Polymer Ltd, in Assam with a 70 per cent stake and was setting up two gas-based petrochemical plants outside India.
"Towards implementing the above strategy, GAIL is focusing on leveraging the potential of its human resources through specific measures to train, motivate and channelise them towards the organizational goals," Choubey said.
"GAIL has taken numerous steps to forge new relationships, cement existing ones and collaborate within the hydrocarbon industry and beyond, with the private as well as public sector."
The growth strategy should see the company more than double its revenues to 500 billion by 2011 from the 160 billion for 2006-07.
Source: IANS
200 billion.
To ensure gas availability beyond the present quantities, the firm has accords with several companies and institutions and is in active discussions with several global players. Exploration and production will also be pursued, Choubey said.
In petrochemicals, GAIL proposes to add significant capacities through joint ventures both in India and abroad. Decision has been taken to increase the capacity of its Peta petrochemical plant by a third to 410,000 tonnes per annum.
Choubey said the company has also formed a subsidiary, the Brahmaputra Cracker and Polymer Ltd, in Assam with a 70 per cent stake and was setting up two gas-based petrochemical plants outside India.
"Towards implementing the above strategy, GAIL is focusing on leveraging the potential of its human resources through specific measures to train, motivate and channelise them towards the organizational goals," Choubey said.
"GAIL has taken numerous steps to forge new relationships, cement existing ones and collaborate within the hydrocarbon industry and beyond, with the private as well as public sector."
The growth strategy should see the company more than double its revenues to 500 billion by 2011 from the 160 billion for 2006-07.
Source: IANS