Bid for Surat-Paradip pipeline by next week: PNGRB

Image
Press Trust of India Bhubaneswar
Last Updated : Jan 20 2013 | 1:04 AM IST

The Petroleum and Natural Gas Regulatory Board (PNGRB) is likely to float a bid for the Surat-Paradip pipeline by next week.

"By next week, we will be inviting bids for the Surat- Paradip pipeline," Board Chairman Lalit Mansingh said in an interactive session organised by Confederation of Indian Industry (CII) here yesterday.

He said this is one of the nine pipelines approved by the Centre. Of them two pipelines- Surat-Paradip and the Kakinada, Howrah pipeline, pass through coastal Orissa.
    
The latter is to be commissioned by 2012, but the work is yet to start, and the Board is trying its best to begin it soon, he said.
    
The piplines would help in better distribution of gas, especially in the Paradip region, he said.
    
He also said that the Petroleum, Chemical and Petrochemical Investment Region (PCPIR), proposed to be set up in Paradip, would require a transparent mechanism like single window clearance at the local level.
    
Priyabrata Patnaik, Chairman and MD of the state-owned Industrial Infrastructure Development Corporation of Orissa said that Paradip qualified for the location of the PCPIR for which 284.15 sq km (70,214 acre) in Jagatsinghpur and Kendrapara districts had been suggested.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 24 2010 | 6:36 PM IST

Next Story