GAIL India announce | india | Hindustan Times
Today in New Delhi, India
Sep 23, 2017-Saturday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

GAIL India announce

The total expected capital expenditure on the project will be about $ 500 to 600 million, reports HT correspondent.

india Updated: Oct 16, 2006 20:55 IST

The consortium formed by GAIL India Ltd, Australia's Arrow Energy and the Sweden-based Energy Infrastructure Group announced on Monday that production of coal bed methane gas from three blocks bagged by them would start by 2011-12. 

Tata Power Company is also a partner in two of these blocks. Two blocks are in Chhattisgarh state, the third in Jharkhand.

"GAIL will invest around $ 250 million," said BS Negi, GAIL director (business development). The total expected capital expenditure on the project will be about  $ 500 to 600 million.