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GUWAHATI: Chief Minister Himanta Biswa Sarma has said that without contribution from the oil sector the economic future of Assam is bleak, and which is why the State Government has adopted a policy of going ahead with a cordial partnership with this sector.
Speaking at a function here on the payment of a cheque amounting to Rs 500 crore to OIL (Oil India Limited) as the first instalment of the State Government s enhanced equity in the NRL (Numaligarh Refinery Ltd) from 12 per cent to 26 per cent, Sarma said, Assam gets something from everything OIL produces in the State. Following the enhanced equity in NRL, we need to pay OIL Rs 2,150 crore. We re going to pay the remaining amount by September this year. We have to pay OIL the equity amount as it has already paid the amount, Rs 2,150 crore to the Centre on our behalf.
Assam to export oil to B desh, Myanmar in few years: CM
By IANS |
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Himanta Biswa Sarma. (Photo: twitter@himantabiswa). Image Source: IANS News
Guwahati, May 27 : The Numaligarh Refinery (NRL), which was commissioned as per the provisions of the 1985 Assam Accord, would increase its capacity from the existing 3 million metric tonnes (MMT) to 9 MMT, besides bringing 6 MMT crude oil to Assam from Odisha, Chief Minister Himanta Biswa Sarma said on Thursday.
Addressing the media here, Sarma said that after NRL brings the crude oil from Paradeep in Odisha through pipeline, it would be refined in Assam and then the oil would be exported to Bangladesh, Myanmar and other Indian states.
Addressing the media here, Sarma said that after NRL brings the crude oil from Paradeep in Odisha through pipeline, it would be refined in Assam and then the oil would be exported to Bangladesh, Myanmar and other Indian states.He s