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Greenfield LPG Pipeline Project: Cost escalates from Rs 711 crore to Rs 1100 crore
Jun 21: 8Project Name: Greenfield LPG Pipeline Project
8Project Cost: Rs 1100 crore
8Project Description: All the activities are currently on hold as a fall-out of issues between the owner and the state government over rlaying a the pipeline. The Capital Expenditure (CAPEX) would be around Rs. 1100 crore in place of Rs. 711 crore because of the delay and higher land compensation issues. Sources said that the cost of the project is likely to escalate further.
8Project Event: RFQ for the PMC contractor is expected by September instead of June 2018.
8Expenditure Approval: Q3:2015
8RFQ Date: Sep/2018
8Release Date: Oct/2018
8Start Date: Q2:2019
8Completion Date: Q2:2022
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