IOC Clears ₹2,448.70 Crore Gas Pipeline, 424.65-Km Route To Link Kochi And Thoothukudi
Mumbai: Indian Oil Corporation (IOC) has approved an investment of Rs 2,448.70 crore to develop the Kochi-Kanyakumari-Thoothukudi Natural Gas Pipeline, strengthening gas infrastructure across southern India. The state-owned energy major informed the stock exchanges that its board cleared the proposal at a meeting held on September 21, 2026. The disclosure was made under Regulation 30 of the SEBI…
Indian Oil Corporation (IOC) has approved a Rs 2,448.70 crore investment to develop a 424.65-kilometre natural gas pipeline from Kochi in Kerala to Thoothukudi in Tamil Nadu. The state-owned energy major announced the decision at its board meeting on September 21, 2026, in compliance with SEBI regulations. The pipeline will stretch from Kochi to Thoothukudi, passing through Kanyakumari, and will be built, operated and maintained by Indian Oil.
With a daily transportation capacity of 6.84 million metric standard cubic metres, the pipeline will enhance gas connectivity and support India's push to increase gas share in its energy mix. At least 1.71 million metric standard cubic metres per day will be available for use by third parties. IOC's board meeting concluded at 1.15 pm, but the company did not disclose a project timeline, financing plan or commissioning date. Further project details are expected as development progresses.
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