GAILNSEGAIL (India) Limited· GasMediumNeutral
Announced Sat, 3 Jan · 16:45 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'.

Capex DelayedCapex & Operations View source PDF

GAIL · price

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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 has pushed back the completion deadline for two remaining pipeline sections by about three months, from December 2025 to March 2026. For the main Jagdishpur–Haldia–Bokaro–Dhamra line, 3,119 of 3,252 km laid have been commissioned, with only the Kolkata–Haldia stretch left. For the Dhamra–Haldia spur line, 150 of 217 km laid are commissioned, with the balance still in West Bengal. The company has blamed delays in getting Right of Use (RoU) clearances and the availability of the 'Fisheries front' (fishing zone access) for the slippage. The Board approved the revised schedule at its meeting on January 3, 2026. GAIL has not flagged any additional investment requirement linked to this delay.

Likely market impact

Short-term negative as project timelines slip again, though the remaining stretch is small relative to the overall project. Investors may watch for further delays or cost overruns, but the lack of additional capex requirement and the regulatory nature of the bottleneck limit the financial damage for now.