GAILNSEGAIL (India) Limited· GasMediumNegative
Announced Sat, 3 Jan · 16:43 IST

GAIL (India) Limited has informed the Exchange regarding ''REVISION IN COMPLETION SCHEDULE FOR DURGAPUR HALDIA & DHAMRA HALDIA PIPELINE SECTIONS OF INTEGRATED JAGDISHPUR HALDIA BOKARO DHAMRA PIPELINE PROJECT

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

GAIL (India) Limited has informed the exchange that the completion schedule for its Srikakulam Angul Pipeline Project has been revised from December 2025 to June 2026, pushing the deadline back by about six months. The project covers 744 km in total, split into a 422 km main pipeline and a 322 km spur pipeline. The entire mainline was successfully commissioned on September 26, 2025, while 280 km of the spur line is already complete. The remaining work on the spur line was held up because forest working permission for a 56 km stretch came in late. Tree cutting has now begun and the Board approved the revised schedule on January 3, 2026.

Likely market impact

The 6-month delay on the spur line may push back some expected revenue from this section, though the mainline is already operational. The cause was a regulatory/forest clearance delay rather than a project execution failure, which should limit concerns for shareholders.