Cabinet approves capital grant of ₹5,559cr for development of North-East Natural Gas Pipeline Grid

Giving a major boost to the development of natural gas grid in North-East India, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved Viability Gap Funding/ Capital Grant of – 60% of the estimated cost of Rs. 9,265 crore for the project to Indradhanush Gas Grid Limited (IGGL).

The North East Gas Grid project is being implemented by IGGL, a Joint Venture company of five CPSEs (GAIL, IOCL, ONGC, OIL and NRL). The total length of the pipeline is planned to be 1,656 km and will be built at an estimated cost of Rs. 9,265 crore. It will cover eight states of the North-Eastern region i.e., Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura.

IGGL will enhance availability of natural gas in North East and ensure uninterrupted supply of natural gas to industries, domestic consumers and for transport purposes to establish a clean fuel led economy.

The North East Gas Grid will get the natural gas supply from GAIL’s Barauni – Guwahati pipeline, which is a part of Jagdishpur — Haldia & Bokaro — Dhamra Natural Gas Pipeline Project, popularly known as ‘Pradhan Mantri Urja Ganga’.

GAIL Chairman & Managing Director Ashutosh Karnatak, said, “ It would boost the gas based industries in North East India. He said GAIL-has already enabled an online portal through which third parties can easily book Common Carrier capacity for natural gas transmission services under GAIL’s pipelines. More than 2,000 consumers have already utilized the services and industrialists from North-East will also be benefitted once the natural gas grid is developed in the region.”

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HrNxt Newsdesk

HrNxt.com Newsdesk has researchers and writers with an excellent domain knowledge about the talent ecosystem, and the business environment. The team keeps a tab on the latest happenings in the ecosystem to bring most relevant news and insights for our readers. You can connect with our newsdesk at newsdesk@hrnxt.com. 

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