Five oil PSUs ink JV pact for north east gas grid

The estimated length of the proposed NE Natural Gas Pipeline Grid is 1,500 km and would be built at Rs 6,000 crore

GN Bureau | July 23, 2018


#ONGC   #IOCL   #NE Natural Gas Pipeline Grid   #gas grid   #PSU   #oil PSU   #GAIL   #OIL   #NRL   #Urja Ganga Gas Pipeline Project  

A joint venture agreement was signed amongst five petroleum and natural gas PSUs namely IOCL, ONGC, GAIL, OIL and NRL in Guwahati for executing the north-east natural gas pipeline grid project. It is being seen as a step towards PM Narendra Modi’s ambitious Urja Ganga Gas Pipeline Project.

 
The formation of JV company is aimed to develop, build, operate and maintain natural gas pipeline grid connecting Guwahati with major north-eastern cities and load centers like Numaligarh Refinery including integrating it with gas producing fields across NE region.
 
The estimated length of the proposed NE Natural Gas Pipeline Grid is 1,500 km and would be built at Rs 6,000 crore. It would be commissioned within four years which includes one year pre-project activities.
 
The company will have equal equity contribution from all the JV partners for development of this project.
 
The project will connect the capitals of all eight north eastern states, namely, Assam, Arunachal Pradesh, Meghalaya, Manipur, Mizoram, Nagaland, Tripura and Sikkim. The project will connect all NE states to the national gas grid through Barauni-Guwahati Gas Pipeline being laid by GAIL.

Comments

 

Other News

‘MAGA’ + ‘MIGA’ = ‘MEGA’ partnership for prosperity: Modi

Prime minister Narendra Modi has linked the dream of a Viksit Bharat with US president Donald Trump’s slogan, ‘Make America Great Again’, or ‘MAGA’, saying that when these two democracies work together, i.e. ‘MAGA’ plus ‘Make India Great Again’ (‘

ONOE: Anti-federalism or pro-reform?

The government`s move to implement ‘One Nation, One Election’ (ONOE) has ignited widespread debate. On one hand, it offers tangible benefits, such as removing the possibility of a governance paralysis and reducing election costs. On the other hand, the opposition and sections of civil society s

PM Surya Ghar: Muft Bijli Yojana completes first year

On February 13, 2025, the PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) will mark its first anniversary, celebrating a year of empowering households with affordable solar energy and accelerating India’s transition to a sustainable future. Launched by prime minister Narendra Modi on Febru

How to leverage AI to solve urgent global issues

The world seems to be hurling towards World War III in all the possible scenarios: hot war, cold war, and proxy war. The battleground seems to have expanded beyond physical to digital or virtual/mixed reality with technology like drones. Moreover, the line between civilian and military targets seems to hav

Budget: Progress towards SDGs and areas for improvement

The Union Budget 2025-26 outlines India`s vision for economic and social growth while also reflecting the country`s commitment to sustainable development. As India moves closer to the 2030 deadline for the United Nations’ Sustainable Development Goals (SDGs), this budget presents a balanced approach

Repo rate cut by 25 basis points to 6.25%

The Reserve Bank of India has, for the first time in five years, reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points to 6.25% with immediate effect. Consequently, the standing deposit facility (SDF) rate will stand adjusted to 6.00% and the marginal

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now



Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter