Indian Oil To Build 425-Km Kochi-Thoothukudi Natural Gas Pipeline With ₹2,449 Crore Investment
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Indian Oil will invest ₹2,449 crore to build and operate a 424.65-km natural gas pipeline connecting Kochi, Kanyakumari, and Thoothukudi. Read more
Indian Oil Corporation Limited (IOCL) will invest ₹2,449 crore to build and operate a natural gas pipeline connecting Kochi in Kerala with Thoothukudi in Tamil Nadu through Kanyakumari.
The project will cover 424.65 kilometre (km) and add to gas connectivity in southern India.
On the National Stock Exchange (NSE), Indian Oil shares closed at ₹136.53 on 21 September 2026, down 0.34% from the previous close of ₹137. The stock opened at ₹136.90 and touched a high of ₹137.71 before declining to a low of ₹136.34.
Indian Oil Pipeline To Add Gas Capacity And Connectivity
The pipeline will have an overall capacity of 6.84 million standard cubic metres per day (MMSCMD). Of this, 1.71 MMSCMD will be available as common carrier capacity, according to the company.
The investment by Indian Oil is part of a broader drive to enhance India’s natural gas infrastructure and connectivity. The development also seeks to increase the share of petrol in the country’s energy mix and aid cleaner fuel choices.
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Vishwa has spent 10+ years across fintech and FMCG doing what most people miss, connecting the dots, catching trends before they trend, and finding the angle nobody else thought to ask about.
At Kotak Neo, she drives content strategy for neoshorts, Kotak News Desk, and Investing Guide, turning market noise into something worth reading.
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