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MAY 19 2012

CM holds talks on gas pipeline

  • Economic Times, ET Bureau / Hyderabad
  • Created: Sat 19th MAY 2012

The Chief Minister, Mr Oommen Chandy, met with stakeholders to discuss modalities of laying the gas pipeline between Kochi and NTPC's Kayamkulam power plant. Officials from Gail, which is laying the pipeline, and NTPC were present on the occasion.

They discussed issues relating to bottlenecks, safety, land acquisition and compensation. Mr Chandy directed the officials to identify a ‘safe corridor' for the pipeline by sparing densely populated areas. The meeting decided that donors of land would be compensated up to 30 per cent above the market rates. Regulators will be incorporated at one for every 16 km of the pipeline. Follow-up discussions in the matter have been scheduled for Monday.

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Regulators NTPC Ltd

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