GAIL's city gas distribution in Kolkata may no longer remain a pipedream with pipelines reaching city

The State-run GAIL (India) Ltd is working to increase its Capex to Rs 12000 crore for the next 2-3 years from FY'26 from the current level of Rs 10000 crore.

- RITWIK MUKHERJEE

"This fiscal, we are expecting to do Capex of Rs 10,000 crore. But this trend will increase to about Rs 12,000 crore for the next 2-3 years from FY'26 onwards due to new projects, as we are expecting new pipelines to be authorized to us," said Saneep K Gupta, CMD, GAIL.

Speaking on the sidelines of the 32nd Annual General Conference of the Institute of Internal Auditors of India-Kolkata chapter, Gupta said that the company was also hoping to maintain a robust growth trajectory for gas transmission, citing an 11 per cent year-on-year rise in demand driven by industrial shifts to cleaner fuels and expanding City Gas Distribution (CGD) networks.

"We expect to maintain this growth trend," he said.