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

An ode to the cradle of humankind

The Alphabets of Africa: Poems By Abhay K. Vintage Classics, 280 pages, ₹499.00   Abhay K

Ahmedabad district railway network to be expanded

The Cabinet Committee on Economic Affairs, chaired by prime minister Narendra Modi, on Wednesday approved the Ahmedabad (Sarkhej) – Dholera Semi High-Speed Double Line project of Ministry of Railways with total cost of Rs. 20,667 crore (approx.). It will be Indian Railways 1st semi high-speed project

Indian Ocean more contested than ever: Western Naval Command Chief

The Indian Ocean is becoming increasingly contested and strategically significant as the Indo-Pacific emerges as the defining geopolitical theatre of the 21st century, Vice Admiral Krishna Swaminathan, Flag Officer Commanding-in-Chief of the Western Naval Command, has said.   Spe

Why the judiciary needs much more than four more judges

India has a particular form of governance theatre: the bold declaration that appears to be action but is actually a way of avoiding action. The Union Cabinet on May 5 approved a Bill to increase the sanctioned strength of the Supreme Court from 34 to 38. The decision has been touted as a step toward judici

Wisdom stories that don’t preach but encourage reflection

The Foundation Of A Fulfilling Life: Lessons from Indian Scriptures Deepam Chatterjee Aleph Books, 264 pages, Rs 899  

Citizens of the Bay: Why BIMSTEC matters now

The international order is drifting into a dangerous grey zone as the very powers that built today`s multilateral system begin to chip away at it. The United States has increasingly walked away from global rules and forums when they no longer suit its interests, while China has rushed to fill the vacuum on


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter