India News | Assam Cabinet Nod to Rs 823 Crore Investment in Numaligarh Refinery

Get latest articles and stories on India at LatestLY. The Assam cabinet on Saturday approved an investment of Rs 823 crore in Numaligarh Refinery Ltd for its expansion project.

President Droupadi Murmu

Guwahati, Jun 24 (PTI) The Assam cabinet on Saturday approved an investment of Rs 823 crore in Numaligarh Refinery Ltd for its expansion project.

As part of the Rs 28,026 crore project, Numaligarh Refinery will expand its capacity from 3 million metric tonnes (mmt) to 9 mmt, and lay a crude pipeline of 1,398 km from Odisha's Paradip to Numaligarh and a product pipeline of 605 km from Numaligarh to West Bengal's Siliguri.

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The state government will get additional equity in the company against this investment, and release Rs 205.73 crore in the first tranche, state minister Jayanta Malla Baruah told reporters.

The cabinet also decided to amend the Water (Prevention and Control of Pollution) Assam Rules 2022 to incorporate 'Regulation for Idol Immersion', he said.

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The key feature of it will be the identification of permanent immersion ghats along river banks, he added.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)

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