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Cabinet clears over Rs 5000 crore for setting up Northeast Natural Gas Pipeline Grid

Newdelhi:8/1/20:The Cabinet Committee on Economic Affairs today approved capital grant as viability gap funding to Indradhanush Gas Grid Limited for setting up the North-East Natural Gas Pipeline Grid.

It approved the proposal to provide 5 thousand 559 crore rupees viability gap funding for building a 1 thousand 656 kilometres gas grid. The total cost of the grid is 9 thousand 256 crore rupees.

Briefing media, Petroleum Minister Dharmendra Pradhan said, the project is critical towards implementing the government’s Hydrocarbon Vision 2030 for the North-East.

As per the plan, the Gas Pipeline Grid would be developed in all the eight states of the North-Eastern region.

This is only the second instance that the government directly funding a gas pipeline. In 2016, the government provided a capital grant of 5 thousand 176 crore rupees or 40 per cent of the project cost of the 2 thousand 655 kilometres Jagdishpur-Haldia and Bokaro-Dhamra gas pipeline project.

About Ashok Palit

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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