State-run gas utility GAIL India has planned capital expenditure of Rs 769.2 crore (USD 1.71 billion) in fiscal 2011-12 as it aims to add 1,800 kilometres pipeline, a company executive said in a presentation.
The company also expects to borrow Rs 332.5 crore (USD 739.8 million) in 2011-12, BC Tripathi, CMD, GAIL said. Below is an excerpt from the press conference. Also watch the attached videos.
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