DPE secretary reviews capital expenditure projects at Guwahati

He was extended a warm welcome by MD NRL S.K. Barua & CMD OIL Sushil Chandra Mishra. The meeting was also attended by Dr. M Ariz Ahammed, Principal Secretary, Govt. of Assam, Public Enterprises; Director (Technical) NRL B.J. Phukan; Director (Finance) Mr. Indranil Mittra and other senior officials of both the companies. 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 Govt. of India in order to boost the economy and sustain the momentum of its revival in the aftermath of COVID-19.

NRL will spend an amount of Rs. 949 crore in the current financial year for its capital projects. The company has embarked on major projects viz. Refinery Expansion Project from current 3 MMTPA to 9 MMTPA which includes laying of 2200km of Crude Oil Pipeline from Paradip port, Odisha to Numaligarh in Assam and Product Pipeline from Numaligarh to Siliguri in West Bengal and associated facilities like Crude Oil Import Terminal at Paradip port.

NRL is also laying the 130km transnational Indo Bangla Friendship Pipeline (IBFPL) from its Marketing Terminal at Siliguri to Parbatipur in Bangladesh. Other than the above, NRL holds equity stake in two important ongoing JV projects including M/s Assam Bio Refinery Pvt. Ltd. ( ABRPL ) which is implementing the first bamboo-mass Bio Refinery in the country and M/s Indradhanush Gas Grid Limited( IGGL) which is implementing North East Gas Grid connecting all the eight capitals of NE states with National Gas Grid. The pipeline will also cater to the industrial customers in the NE states including NRL, stated a press release.

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