News Release Details
GAIL, PPCL sign gas sales agreement
New Delhi 10-Oct-2007
GAIL (India) Limited has inked a Gas Sales Agreement (GSA) with Pragati Power Corporation Limited (PPCL) to supply 2 mmscmd of R-LNG. The GSA was signed here today. The gas supply for a 1500 MW Combined Cycle Gas Turbine Power Project to be set up by Pragati Power Corporation Ltd. (PPCL) at Bawana will commence from October 2009 and the validity of this agreement will be till the year 2024. The power plant is expected to be fully commissioned by October 2010 to1 supply power to Delhi before the Common Wealth Games. Chief Minister of Delhi Sheila Dikshit said that it is a great occasion for the people of Delhi that GAIL (India) Limited will be transporting 6-mmscmd gases to Pragati Power Phase III. The project will be completed before the Commonwealth Games, which is being used as a time-bound activity to meet the power requirement of the state. Dr UD Choubey, CMD, GAIL said, "Gas will be sourced from Petronet LNG Limited and GAIL will be transporting it to PPCL for which a MoU has already been signed with BPCL and IOCL. Further, to bring gas from Dadri to Bawana, pipeline with two compresses Will be laid. A loop line will also be laid in the GREP pipeline system of GAIL.
New Delhi 10-Oct-2007
GAIL (India) Limited has inked a Gas Sales Agreement (GSA) with Pragati Power Corporation Limited (PPCL) to supply 2 mmscmd of R-LNG. The GSA was signed here today. The gas supply for a 1500 MW Combined Cycle Gas Turbine Power Project to be set up by Pragati Power Corporation Ltd. (PPCL) at Bawana will commence from October 2009 and the validity of this agreement will be till the year 2024. The power plant is expected to be fully commissioned by October 2010 to1 supply power to Delhi before the Common Wealth Games. Chief Minister of Delhi Sheila Dikshit said that it is a great occasion for the people of Delhi that GAIL (India) Limited will be transporting 6-mmscmd gases to Pragati Power Phase III. The project will be completed before the Commonwealth Games, which is being used as a time-bound activity to meet the power requirement of the state. Dr UD Choubey, CMD, GAIL said, "Gas will be sourced from Petronet LNG Limited and GAIL will be transporting it to PPCL for which a MoU has already been signed with BPCL and IOCL. Further, to bring gas from Dadri to Bawana, pipeline with two compresses Will be laid. A loop line will also be laid in the GREP pipeline system of GAIL.