Property and Construction News, Real Estate news Updates, Joint Ventures, Hot Property Updates, Home Loan News: NATIONAL GAS HIGHWAY AUTHORITY BY MARCH 2010:GHAI IN LINES OF NHAI

NATIONAL GAS HIGHWAY AUTHORITY BY MARCH 2010:GHAI IN LINES OF NHAI
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koncept voice on 07/11/2009 14:28:00
 
Union petroleum minister Murli Deora told reporters at the economic editors
conference on Wednesday that his ministry is in the process of finalising
details of this apex body, the formation of which was announced in the last
Budget. Deora said the ministry is still working on an administrative mechanism
for executing and managing national gas highways.
On GAIL being appointed a nodal body, petroleum secretary R S Pandey said,
"GAIL is a pipeline construction company while GHAI will plan for these
pipelines and will have statutory powers as is being done for road highways by
NHAI."
The government may levy a nominal $0.20 (around Rs 10) per unit cess on
domestically produced natural gas, which would garner Rs 3,000 crore annuallyand
can help build 500600 km of gas pipeline, he said.