MSRDC inks pact with GAIL for laying gas pipelines

28 Mar 2022 CW Team

The Maharashtra State Road Development Corporation (MSRDC), the authority implementing the project, has signed an agreement with the Gas Authority of India Limited (GAIL) to lay gas pipelines alongside the utility corridor, on each side of the Mumbai-Nagpur expressway.

The Hindu Hrudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg from Mumbai to Nagpur brings prosperity to the state of Maharashtra. Before the highway is even thrown open for traffic, the corridor which is currently under construction received Rs 500 crore for the state exchequer.

MSRDC VC and MD Radheshyam Mopalwar told the media that the idea of having a utility corridor was ensuring the interiors of the state like Wardha, Jalna, and Aurangabad will have direct gas pipeline supply.

He said that Jalna is the steel manufacturing capital of Maharashtra. With the supply of gas, the sector will be boosted. Domestic users will further benefit from it. The households in the interior belt of Maharashtra will have easy gas supply through these pipelines. It will majorly impact the industrial as well as domestic levels. The officials said the MSRDC has signed the lease agreement for 30 years. Already 80% of the amount which is Rs 500 crore has already been disbursed.

The work of laying down the gas pipeline has also been started.

Image Source

Also read: kKEC International bags order for civil, oil and gas pipeline business

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..