GAIL beats IOC to win licence to build Gurdaspur-Jammu gas pipeline

GAIL (India) Ltd, the nation’s largest gas distributor, beat Indian Oil Corporation (IOC) to win a licence to build a gas pipeline from Gurdaspur in Punjab to Jammu, oil regulator PNGRB said.

In a statement, Petroleum and Natural Gas Regulatory Board (PNGRB) said it had in January invited application cum bids for grant of authorisation for the Gurdaspur-Jammu pipeline.

“The last date for submission of bids for the Gurdaspur-Jammu natural gas pipeline was May 17, 2023. Two bidders namely, GAIL (India) Ltd and Indian Oil Corporation have submitted their bids,” it said.

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