GSPL

completed

Gujarat State Petronet Limited (GSPL or the company) is a public-private partnership established in 1998 by Gujarat State Petroleum Corporation Limited (GSPC), a company majority owned by the government of Gujarat (GoG), for the purpose of constructing and managing a statewide gas transmission network in the State of Gujarat, India. GSPL is the only natural gas transmission company in India that operates on an “open access” basis, i.e. it transports gas on behalf of third party shippers in return for a transport fee. GSPL’s existing gas transmission network comprises 1080 km medium-to-high pressure pipelines connecting natural gas supply points at Hazira and Dahej to consumption points currently covering the districts of Ahmedabad, Anand, Baroda, Bharuch, Gandhinagar and Surat. GSPL’s customers include power, fertilizer, chemical and steel plants that purchase natural gas directly from suppliers, as well as several local gas distribution companies who supply natural gas to retail consumers.GSPL is continuing with the expansion of its gas transmission network in Gujarat in phases. Phase I of the gas transmission network expansion has been completed, work on Phase II has commenced and work on segments of Phase III expansion are proposed soon. GSPL proposes to expand its gas transmission network by 800 Km including: (i) the BJPL project, which consists a 190 km loop line from Bhadbhut to Hadala and a 110 km extension from Rajkot to Jamnagar (also called loop line); (ii) a 46km extension of the transmission line from Baroda to Godhra;(iii) the proposed construction of a 225 km pipeline from Dhandhuka to Jafrabad (ii and iii part of Phase II); and (iv) a 225 km extension of the pipeline from Morbi to Mundra (part of Phase III). The project includes construction of sectionalizing valve (SV) stations, metering stations but no compressor stations are proposed, as these are medium to high pressure pipelines. IFC is exploring a possible co-operation with the company to finance part of this expansion program through a corporate investment.