Morbi gets gas go-ahead! - November 9th 2006 (page 1)

Gujarat State Petroleum Corporation Ltd (GSPCL) will invest Rs 1,000 crore during next two years in a phased manner for laying pipeline across the state to carry liquefied natural gas (LNG).

The gas grid activities are being executed by Gujarat State Petronet Ltd, a wholly owned subsidiary of GSPCL.
GSPCL also has decided to let out its pipeline for carrying gas of other major players. It has signed an agreement with the Shell Hazira Pvt Ltd, which has been developing its own gas project in Hazira, on the outskirts of Surat city while talks are on with LNG Petronet Ltd, which will start operating by end of 2004 from Dahej, near Bharuch city.

The Shell project is also being expected to take off by end of next year. The gas grid project has been progressing at a rapid pace during the last couple of years.

This is fantastic news for the region's ceramic manufacturers, as it provides the chance to reduce production costs to by 15-20% and as such put Morbi onto the world map in terms of an outsourcing and production venue and will enable manufacturers to divert more capital into plant investment.

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