H-Energy Pvt Ltd, a unit of real estate player Hiranandani Group, today said it has bagged rights to lay a gas pipeline from Jaigarh in Maharashtra to Goa and Mangalore.
The 635-km pipeline will run from Jaigarh in Ratnagiri district of Maharashtra to Panjim in Goa and onwards to Karwar in Uttara Kannada district and Udupi in Karnataka before terminating at Mangalore.
The pipeline "will connect major industrial units like refineries, fertilizer plants, petrochemical plants and power plants in the south-western coastal stretch of Ratnagiri, Sindhudurg, Goa, Karwar, Udupi and Mangalore," a company statement said.
It will also act as a gateway for development of city gas distribution (CNG) networks in the region to provide environmentally benign fuel (CNG) for transport and piped cooking gas to households.
"H-Energy Pvt Ltd (HEPL) has been selected by the Petroleum and Natural Gas Regulatory Board (PNGRB) of India for grant of authorization for the Jaigarh-Goa-Mangalore natural gas pipeline through a process of competitive bidding conducted by the PNGRB," the statement said.
H-Energy Gateway Pvt Ltd (HEGPL), an affiliate of HEPL, is setting up a 4 million tons per annum floating LNG import terminal at Jaigarh port in Ratnagiri district of Maharashtra.
"All major clearances, port agreements and technical studies have been completed and the project is expected to be commissioned in the second quarter of 2018, under an early commissioning program through a 60 km tie-in pipeline from Jaigarh to Dabhol," it said.
PNGRB had invited bids for development of the pipeline on March 17 and financial bids of the technically qualified bidders were opened on April 28.
"It is estimated that the Jaigarh-Goa-Mangalore natural gas pipeline will be ready for delivering natural gas to the connected customers of the west coast by mid-2019," the statement said.
