UD Choubey, Chairman and Managing Director, GAIL, told reporters here today that GAIl Gas, a subsidiary of GAIL, was working out the options in this regard.
Though the idea was at a proposal stage, GAIL Gas would nevertheless consider using the gas "sources" in these regions to extract them and use it to supply as fuel for the transport sector in this corridor, he said.
"However, I can give no timeframe on when the corridor would come into existence as the exploration and other related works are on," he said adding if found to be successful, the scheme would be extended to Chennai later.
He said the reason for setting up the corridor was pollution created by oil-driven vehicles and the growing demand for a "cleaner" alternative in CNG.
Throwing light on the coming projects of GAIL, Choubey said that the company was considering establishing a refinery-cum-petrochemical plant at Vishakapatinam, in partnership with various partners.
On GAIL's global activities, the CMD said that with the company's 6.5 percent stakes in China Gas Holding, the future looked bright for the company in the Asian neighbour.
"We have entered into a joint venture with the company for gas distribution in 50 cities," he said.
