Natural gas can emerge as one of the preferred sources of energy for industrial and commercial use in Karnataka with three major gas pipelines passing through Bangalore within the next four years, a top Indian Oil Corporation (IOC) official said.
Speaking at a seminar on the energy sector organised as a part of Global Investors Meet - 2012, A K Machanda, Executive Director (Gas), IOC said the newly sanctioned five million tonne per annum gas terminal at Ennore in Tamil Nadu will have a pipeline link to
Bangalore and is likely to be completed in 2016.
Also, Gas Authority India Limited (GAIL’s) LNG pipeline between Kochi LNG import terminal and Bangalore is likely to be commissioned next year. He said the 1,370-km Dabhol – Bangalore Natural Gas Pipeline, which will form a key segment of the Indian national gas grid will be commenced after the monsoon. GAIL will be ready to supply gas to industrial users by September this year.
Official sources said GAIL has already entered into supply agreements with several industrial users.
Companies including Toyota Kirloskar Motor and ITPL are in the process of setting up gas-based captive power plants.