Indian Oil Corporation Ltd is planning to invest Rs 2,449 crore to develop and operate a new natural gas pipeline connecting Kochi in Kerala with Thoothukudi in Tamil Nadu.
Pipeline to Cover Over 424 Kilometres
The proposed pipeline will stretch for around 424.65 kilometres and pass through key locations including Kochi, Kanyakumari and Thoothukudi. The project will have a total capacity of 6.84 million standard cubic metres of natural gas.
Part of India’s Gas Infrastructure Push
The investment comes as India expands its natural gas network across the country. The government and energy companies are working to improve gas connectivity and increase the use of natural gas as part of the country’s efforts to move towards cleaner fuel options.
Better Gas Connectivity in South India
The new pipeline is expected to strengthen natural gas transportation infrastructure across parts of southern India and support the growing demand for gas from industries and other users.
