In a major initiative to connect all the Northeast States to the National Gas Grid, five central oil Public Sector Undertakings (PSUs) have signed an agreement for executing the North-East Natural Gas Pipeline Grid.
The five PSUs are Indian Oil Corporation Ltd (IOCL), Oil and Natural Gas Corporation (ONGC), GAIL, Oil India Limited (OIL) and Numaligarh Refinery Limited (NRL).
As per the agreement signed in Guwahati on Friday evening, a joint venture company will develop, build, operate, and maintain the Natural Gas Pipeline Grid connecting Guwahati to the other North Eastern cities and major load centres such as Numaligarh Refinery and integrating it with gas producing fields in the region.
The project will connect the state capitals of all the eight North Eastern states Assam, Manipur, Meghalaya, Mizoram, Nagaland, Tripura, Sikkim and Arunachal Pradesh with an expenditure of Rs 6000 crore for 1500 Km length gas pipeline in a tentative four years time schedule.
The Project will be implemented in three phases.