New Delhi: Assam-based Numaligarh Refinery Limited (NRL) has awarded a nearly Rs 300-crore order for the supply of external coated carbon steel line pipes for the Paradip-Numaligarh Crude Oil Pipeline (PNCPL) project to Surya Roshni Limited. In a regulatory filing to the stock exchanges on Monday, the company said, "… it is hereby informed that the Company has obtained order amounted to Rs 299.07 crore (excluding OST) for supply of 3LPE external Coated carbon steel line Pipes to Numaligarh Refinery Limited (NRL) for Paradip Numaligarh Crude Oil Pipeline Project (PNCPL)."
The scope of the order includes the supply of "3LPE external coated carbon steel line pipes for Paradip Numaligarh Crude Oil Pipeline Project," said the company. The timeline for the execution of the order is 15 months.
NRL has undertaken an ambitious plan to lay over 2,000 km of pipelines for transporting imported crude oil from Paradip port in Odisha to Numaligarh and a product pipeline from Numaligarh to Siliguri in West Bengal to facilitate the evacuation of products. The cross-country pipeline project from Paradip to Numaligarh was approved by the Cabinet earlier in January 2019. Along with this pipeline, work has already started on another pipeline that will carry petroleum products from Siliguri to Bangladesh.
The news comes in the backdrop of the disinvestment of NRL, which was completed recently in March. A consortium of Oil India Ltd (OIL), Engineers India Ltd (EIL) and the Assam government acquired Bharat Petroleum Corporation Ltd's (BPCL) shares in the Assam-based PSU. Post the signing of the share purchase agreement, NRL has now become a subsidiary of OIL. The consolidated total income of NRL for the financial year ended March 31, 2020 was Rs 14,244.29 crore, ie 4.29 percent of the consolidated total income of BPCL for the financial year March 31, 2020.