GAILNSEGAIL (India) Limited· GasMediumNeutral
Announced Wed, 24 Sept · 14:39 IST

GAIL (India) Limited has informed the Exchange regarding 'REVISION IN COMPLETION SCHEDULE FOR MUMBAI-NAGPUR-JHARSUGUDA PIPELINE (MNJPL) PROJECT'.

Capex DelayedCapex & Operations View source PDF

GAIL · price

Loading chart…

▲ 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 timeline for its 1,702 km Mumbai-Nagpur-Jharsuguda Pipeline (MNJPL) project from 30th September 2025 to 31st December 2025. The project has three sections: Mumbai-Nagpur (693 km), Nagpur-Jharsuguda (692 km), and Nagpur-Jabalpur (317 km). Most of the pipeline is already mechanically completed, with only about 10.8 km of construction work remaining across two stretches in Maharashtra. The main reason for the delay is that GAIL is awaiting approvals from PESO (Petroleum and Explosives Safety Organisation) for the completed sections. The remaining 9 km in Maharashtra (Part-B) is expected to be ready for gas-in by December 2025, and 1.8 km (Part-C) by October 2025. The Board approved this revised schedule on 24th September 2025.

Likely market impact

This is a modest 3-month delay with no additional investment required. Since almost the entire pipeline is mechanically complete and only regulatory permissions are pending, the financial impact on GAIL should be limited. Shareholders should note a slight deferral in potential revenue from this pipeline.