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Gujarat State Petronet Limited Commissions Chhara Gas Pipeline



Posted On : 2025-03-24 20:44:41( TIMEZONE : IST )

Gujarat State Petronet Limited Commissions Chhara Gas Pipeline

A natural gas pipeline connecting the Greenfield 5 million metric tonnes per annum (MMTPA) LNG regasification terminal at Chhara in the Gir-Somnath district with the gas grid was commissioned on 20-March-2025.

The pipeline having capacity of 18 million standard cubic meters per day was developed by Gujarat State Petronet Limited (GSPL) at a cost of approximately Rs. 650 crores. The pipeline passes from the outskirts of the eco-sensitive zone of the Gir National Park & Wildlife Sanctuary, home to Asiatic lions.

The work for engineering, procurement and construction of the 36" dia pipeline from HPCL LNG terminal at Chhara in Gir-Somnath district upto Lothpur in Amreli district of Gujarat, including despatch terminal at Chhara LNG terminal, valve stations and receiving terminal at Lothpur, was entrusted to the Mumbai-based construction company, Ace Pipeline Contracts Private Limited (Ace Pipeline) in September 2023. To cut down on the construction schedule, construction techniques such as automatic welding for welding of the 36" dia pipeline were deployed on the project.

The HPCL LNG terminal at Chhara in Gir Somnath has a capacity for regasification of 5 MMPTA LNG. This terminal is operated by HPCL LNG Limited, a subsidiary of state-run Hindustan Petroleum Corporation Limited (HPCL).

This project enhances the country's availability of natural gas for use as an energy source in line with the Government of India's target to raise the share of natural gas in the energy mix to 15% by 2030.

Shares of Gujarat State Petronet Limited was last trading in BSE at Rs. 293.60 as compared to the previous close of Rs. 288.85. The total number of shares traded during the day was 126387 in over 2053 trades.

The stock hit an intraday high of Rs. 302.05 and intraday low of 292.45. The net turnover during the day was Rs. 37378958.00.

Source : Equity Bulls

Keywords

GujaratStatePetronet INE246F01010 GSPL Chhara GasPipeline Commissioned