Numaligarh: Assam based Numaligarh Refinery Limited stated that Refinery Expansion Project of 6 MMTPA (million metric tonnes per annum) Refinery, the 1,635 KM Paradip Numaligarh Crude Oil Pipeline and Crude Oil Import Terminal at Paradip is expected to be completed by December 2026.
NRL is increasing its capacity from 3 to 9 MMTPA with a 1635 km Km Crude Oil Pipeline from Paradip Port to Numaligarh in Assam.
NRL has commissioned of the 2G Biorefinery, that would have a carbon negative impact on the environment.
In September last year the Prime Minister inaugurated the Assam Bioethanol Plant and laid foundation stone for the polypropylene plant at Numaligarh Refinery Limited at Golaghat in Assam.
A 360 KTPA polypropylene plant at Numaligarh which will be implemented by NRL at a project cost of over Rs. 7,000 crore and together with expanded refinery, it will raise NRL’s Petrochemical Intensity Index by 4.0.
Officials while interacting with media persons at Numaligarh said that owing to several facto₹the expansion project may see cost overrun. “The approved budget for the project was 28026 Crores; however the projected budget may escalate to ₹33900 Crore. Till now the project has incurred cost of ₹27061 Crores.”
Prime minister Narendra Modi during his visit to Assam on September 14 last year had said that expert assessments suggest that India’s seas may hold substantial reserves of oil and gas. The Prime Minister also mentioned the launch of the National Deepwater Exploration Mission.
“India is currently the fastest-growing major economy in the world”, stated the PM, remarking that as the country progresses, the demand for electricity, gas, and fuel is also rising. India has long been dependent on foreign sources for these energy needs, importing large quantities of crude oil and gas. As a result, the nation has had to pay lakhs of crores of rupees annually to other countries, which in turn boosts employment and income abroad.
Modi had emphasized that this situation needed to be changed. He affirmed that India has now embarked on the path of becoming self-reliant in meeting its energy requirements.India is simultaneously working on discovering new reserves of crude oil and gas within the country while also enhancing its green energy capabilities, Modi recalled his announcement from the Red Fort regarding the ‘Samudra Manthan’ initiative.
He highlighted expert assessments suggesting that India’s seas may hold substantial reserves of oil and gas. To ensure these resources are harnessed for national development, the Prime Minister also mentioned the launch of the National Deepwater Exploration Mission.
