Guwahati: The state-owned Numaligarh Refinery Restricted (NRL) in Assam has undertaken an bold Rs 949 crore plan to reinforce its capability and lay 2,200 km of crude oil pipeline from the Paradip port in Odisha to Numaligarh, and product pipeline from Numaligarh to Siliguri in West Bengal, officers mentioned on Saturday.
A senior NRL official mentioned that the corporate would make investments Rs 949 crore within the present monetary 12 months for its capital initiatives, together with refinery enlargement undertaking from the present three MMTPA to 9 MMTPA apart from laying the two,200 km crude oil pipeline.
The NRL can be laying the 130 km transnational India-Bangladesh Friendship Pipeline (IBFPL) from its advertising terminal in Siliguri to Parbatipur in Bangladesh.
The official mentioned that the NRL holds fairness stake in two necessary ongoing three way partnership initiatives together with M/s Assam Bio Refinery Pvt. Ltd. (ABRPL) which is implementing the primary bamboo-mass bio-refinery within the nation and M/s Indradhanush Fuel Grid Restricted (IGGL) which is implementing North East Fuel Grid connecting all of the eight capitals of northeastern states with Nationwide Fuel Grid.
The pipeline would additionally cater to the commercial clients within the northeastern states together with NRL.
An official launch mentioned that Division of Public Enterprises (below the Ministry of Heavy Industries and Public Enterprises) Secretary Sailesh visited NRL’s company workplace in Guwahati on Friday and reviewed the capital expenditure (CAPEX) plan of Oil India Restricted and NRL for the monetary 12 months 2020-21.
“The DPE Secretary took stock of the CAPEX plans of both the companies in the current fiscal and beyond and stressed upon the need to speed up the same as envisioned by the central government in order to boost the economy and sustain the momentum of its revival in the aftermath of Covid-19,” the discharge mentioned.
In the meantime, the NRL entered right into a Memorandum of Understanding with Oil India Restricted to reinforce OIL’s current pumping capability by way of the Numaligarh-Siliguri Pipeline (NSPL).
It will enhance product evacuation from 1.72 to five.50 MMTPA, and shall be commissioned by July 2024 in sync with NRL’s refinery enlargement from three to 9 MMTPA.
The MoU was signed by M.Okay. Pegu, Head (Mission Pipeline) of NRL, and Sandip Goswami, Chief Common Supervisor, OIL, within the presence of DPE Secretary Sailesh and OIL Chairman-cum-Managing Director S.C. Mishra, amongst others.
The MoU will assist NRL in product evacuation after refinery enlargement, and OIL will substitute NRL as undertaking proponent for monitoring of the product pipeline undertaking below Nationwide Infrastructure Initiatives (NIP).
The NRL, one of many 4 refineries in oil and gasoline wealthy Assam, was arrange at Numaligarh in Golaghat district of Assam in accordance with the provisions made within the Assam Accord signed on August 15, 1985, has been conceived as a automobile for quick industrial and financial improvement of the area.
The NRL was devoted to the nation by former Prime Minister late Atal Bihari Vajpayee on July 9, 1999.