New Delhi: Indradhanush Gas Grid Limited (IGGL) and GAIL (India) Limited have signed an interconnection agreement to connect the North East Gas Grid (NEGG) of IGGL with the Barauni Guwahati Pipeline (BGPL) of GAIL, according to an official release on Saturday.

The agreement was signed by IGGL chief executive officer Ajit Kumar Thakur and GAIL's zonal chief general manager R Choudhury in New Delhi on Friday.

The interconnection agreement will pave the way for making the NEGG a part of the National Gas Grid, he said.

The pipeline for interconnection will be laid by GAIL at an estimated cost of Rs 15.16 crore. The amount will be reimbursed by IGGL to GAIL.

IGGL is laying the 1,656km-long NEGG at an estimated project cost of Rs 9,265 crore.

The project has so far achieved a physical progress of 75 percent with scheduled mechanical completion of Phase I by March 2024, the release added.

(With agency inputs)

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