The five PSUs that would form the company are ONGC, Oil India Limited, Indian Oil Corporation, Numaligarh Refinery Limited and GAIL.
"The pipeline would connect Guwahati, Numaligarh and Tinsukia in Assam to supply gas to Arunachal Pradesh, Sikkim, Meghalaya, Manipur, Mizoram, Nagaland and Tripura. This pipeline would truly make Assam advantageous," Pradhan told reporters on the sidelines of the Global Investors Summit 'Advantage Assam' here.
"Assam has the top priority in oil and gas and projects are on to ensure that they reap the benefits under the Vision Document plan of the Central government'', he said.
GAIL signed an MoU with Assam government today and many more agreements are expected to be signed during the two-day summit.
The MoU pledged to complete the Rs 3000 crore pipeline from Bongaigaon to Guwahati which would change the scenario of supply of gas in lower Assam and bring in large scale industrialisation, the union minister said.
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