Finance
By: Shree1news. 05 JAN 2021
Prime Minister Narendra Modi on Tuesday dedicated the Kochi-Mangaluru natural gas pipeline to the nation, through video conferencing. The event will mark an essential milestone in direction of the creation of ‘one nation, one gas grid’, the Prime Minister’s Office stated in a statement on Sunday.
The 450-km-long pipeline has been built by Gail (India) Ltd.
It has a transportation capability of 12 million metric standard cubic metres per day and will carry natural gas from the liquefied natural gas (LNG) regasification terminal in Kochi to Mangaluru, passing via Ernakulam, Thrissur, Palakkad, Malappuram, Kozhikode, Kannur and Kasaragod districts, the PMO noted.
The total cost of the project was about Rs 3,000 crore and its development created over 12 lakh man-days of employment.
The pipeline will provide environment-friendly and affordable gas within the form of piped natural fuel (PNG) to households and compressed natural gas (CNG) to the transportation sector.
It will also provide natural gas to commercial and industrial units throughout the districts along the pipeline, the statement stated, adding that the consumption of cleaner fuel will assist in improving air quality by curbing air pollution.
Soure: A-N
