Dear MIANCH,
GRE pipes have been extensively used in the Middle-East for chilled water & fire water applications. As long as the bonding procedure specification is adhered to, you get excellent results.
Do remember these pipes are may be 10 times costlier than CS. So, economics also play a part. CS piping + water treatment is also one option that you might explore.
Regards.
DHURJATI SEN
Kolkata, India