The Cabinet Committee on Economic Affairs (CCEA) has approved Numaligarh Refinery Capacity expansion project worth over Rs 22,000 crore.
About:
Location: It is located at Morangi, Golaghat district, Assam along the NH-37.
Ownership: The refinery is owned by Numaligarh Refinery Limited, a joint venture between Bharat Petroleum (61.65%), Oil India (26%) and Govt. of Assam (12.35%).
Recent development:
The CCEA has decided to expand the capacity of Numaligarh Refinery to 9 Million Metric Tonne Per Annum (MMTPA) from 3 MMTPA.
It involves setting up of crude oil pipeline from Paradip to Numaligarh and petroleum product pipeline from Numaligarh to Siliguri at a cost of over Rs. 22,000 crore.
The project will be completed within a period of 48 months.
Benefits: This decision is a part of the Government's Hydrocarbon Vision 2030 for the North East.
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