With a view to bringing the transport sector in parts of Tamil Nadu
and Puducherry under the Compressed Natural Gas (CNG) ambit, the Gas
Authority of India Ltd (GAIL) was looking at setting up a CNG Corridor
comprising Nagapattinam, Karaikal and Puducherry.
UD Choubey, Chairman and Managing Director, GAIL, told reporters here
today that GAIl Gas, a subsidiary of GAIL, was working out the options
in this regard.
Though the idea was at a proposal stage, GAIL Gas would nevertheless
consider using the gas "sources" in these regions to extract them and
use it to supply as fuel for the transport sector in this corridor, he
said.
"However, I can give no timeframe on when the corridor would come into
existence as the exploration and other related works are on," he said
adding if found to be successful, the scheme would be extended to
Chennai later.
He said the reason for setting up the corridor was pollution created
by oil-driven vehicles and the growing demand for a "cleaner"
alternative in CNG.
Throwing light on the coming projects of GAIL, Choubey said that the
company was considering establishing a refinery-cum-petrochemical
plant at Vishakapatinam, in partnership with various partners.
On GAIL's global activities, the CMD said that with the company's 6.5
percent stakes in China Gas Holding, the future looked bright for the
company in the Asian neighbour.
"We have entered into a joint venture with the company for gas
distribution in 50 cities," he said.
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