 "Assam cabinet nod to Rs 823 crore investment in Numaligarh Refinery")
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.
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.
The key feature of it will be the identification of permanent immersion ghats along river banks, he added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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