PSU Watch logo

| NCL inks MoU with CIL, NTPC JV for installation of 50 MW solar power PV project |   | ‘SBI collected Rs 300 crore from zero balance accounts for certain services in 5 years |   | Power consumption grows nearly 47% to 28.34 BU in the first week of April |   | Centre may redraw bank recapitalisation plan in wake of new challenges |   | Rise in Covid cases to delay demand recovery in global oil market: ICICI Securities Report |   | IRSDC invites e-RFP for Bijwasan railway station development |  

Rs 9,000 crore gas-grid project announced for northeast

The North East Gas-grid is a joint venture between five oil and natural gas companies, which are IOC, OIL, GAIL, Numaligarh Refinery Limited NRL and ONGC 

Rs 9,000 crore gas-grid project announced for northeast
Rs 9,000 crore gas-grid project announced for northeast

​Agartala: The government has given its consent to around Rs 9,000-crore gas-grid project to transport natural gas among north-eastern states and West Bengal, Union Petroleum and Natural Gas Minister Dharmendra Pradhan said on Saturday.

Pradhan was launching the Rs 215 crore Sonamura Gas Collecting station of the Oil and Natural Gas Corporation (ONGC). "There is huge amount of natural gas available in Assam, Tripura, Arunachal Pradesh and other northeast states is being tapped into for the Rs 9,265 crore North East Gas Grid (NEGG). The government has okayed this project to transport gas among the northeastern states as well as West Bengal via Siliguri," Pradhan said. The gas-grid is a joint venture five oil and natural gas companies, which are Indian Oil Corp (IOC), Oil India Ltd (OIL), Gas Authority of India Ltd (GAIL), Numaligarh Refinery Limited (NRL) and ONGC, an ONGC official said.

"There is huge amount of natural gas available in Assam, Tripura, Arunachal Pradesh and other northeast states is being tapped into for the Rs 9,265 crore North East Gas Grid (NEGG). The government has okayed this project to transport gas among the northeastern states as well as West Bengal via Siliguri,"

Enormous onshore gas reserves have been found in Andhra Pradesh, Assam, Gujarat, Tamil Nadu and Tripura, also the top gas-producing state for ONGC.

Ferrying via Bangladesh sea port cost-effective

Following the Centre’s deal with Bangladesh to ferry liquefied petroleum gas (LPG) through Chittagong international sea port and land route, the transportation and availability of cooking gas has been made easier. "Carrying LPG tankers or cylinders by trucks through the northeast is a big problem due to its mountainous terrain.

The ferrying through Bangladesh will not only be cost-effective but also consume less time," the minister said. Using Tripura's gas reserve would also boost revenue and income of the state, he said. ONGC should explore more gas reserves to develop new industries, power plants and other projects in the state to help create jobs, Chief Minister Biplab Kumar Deb said.

(PSU Watch- India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)