Construction Industry News
Indradhanush Gas Grid (IGGL) and GAIL India have signed an interconnection agreement to establish a connection between IGGL's North East Gas Grid and GAIL's Barauni Guwahati Pipeline (BGPL).
Dr. Ajit Kr Thakur, the CEO of IGGL, stated on the occasion that the interconnection agreement would allow the North East Gas Grid to connect to the BGPL at three locations, namely Jalpaiguri in West Bengal, Baihata and Panikhaiti in Assam. He stressed that this agreement paves the way for the inclusion of the North East Gas Grid in the National Gas Grid. GAIL will be responsible for laying the pipeline for interconnection, and the cost of approximately Rs 150.16 billion for the construction will be reimbursed by IGGL to GAIL.
The North East Gas Grid, which is being constructed by Indradhanush Gas Grid, extends over 1656km with an estimated project cost of Rs 92.65 billion. As of now, the project has achieved a physical progress of 75% and Phase I is scheduled to be completed mechanically in March 2024.
The agreement was signed by Dr. Ajit Kumar Thakur, CEO of IGGL, and R Choudhury, Zonal CGM of GAIL, in the presence of Pradeep Kr Mohapatra, CFO of IGGL, Rajib Kr Bhattacharyya, CHRCM of IGGL, Pankaj Patowari, CPM of IGGL, Jayanta Narayan Das, GM (Mktg) of IGGL, M K Patnaik, gm (marketing-NG) of gail and other officers of both companies.
