(a) whether the Gas Authority of India Limited (GAIL) plans to mop up fund from the market for its ongoing projects;
(b) if so, the details thereof;
(c) the details of projects of GAIL which are underway and have been delayed due to paucity of funds; and
(d) the total amount likely to be required by GAIL for completion of these projects and the amount spent on the implementation of such projects?
MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI SANTOSH KUMAR GANGWAR)
(a)&(b) Yes, Sir. GAIL (India) Limited (GAIL) propose to raise Rs.1400 crore to meet its capital expenditure plan in 2003-04 for funding of its ongoing Vizag-Secunderabad LPG Pipeline Project and Dahej-Vijaipur Gas Pipeline Project.
(c) No project of GAIL has been delayed due to paucity of funds.
(d) Does not arise.