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IOC Approves Rs. 24.49bn Kochi-Thoothukudi Gas Pipeline

Indian Oil Corporation Limited board approved an investment of Rs 24.4870 billion for the development of the Kochi-Kanyakumari-Thoothukudi Natural Gas Pipeline (KTPL), the company said in a regulatory filing last week.

The 424.65-km pipeline will connect Kochi in Kerala with Thoothukudi in Tamil Nadu and will have a system capacity of 6.84 million metric standard cubic metres per day (MMSCMD), including common carrier capacity.

The project is part of efforts to strengthen natural gas transmission infrastructure in southern India. The Petroleum and Natural Gas Regulatory Board (PNGRB) had earlier authorized Indian Oil to lay, build, operate and expand the pipeline. The regulator said the proposed pipeline would originate from the Kochi LNG terminal and extend to Thoothukudi, facilitating the transportation of regasified LNG to demand centres across Kerala and southern Tamil Nadu.

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