• Govt to fund 40% of Jagdishpur-Haldia and Bokaro-Dhamra gas pipeline project

    Almost 40% of the Rs 12,940 crore, proposed Jagdishpur-Haldia and Bokaro-Dhamra (JHBDPL) gas pipeline project will be funded by the government. The Cabinet Committee on Economic Affairs has approved viability gap funding and partial capital grant for the project amounting to Rs 5,176 crore, on Wednesday.

    This 2539 km long JHBDPL gas pipeline project will ensure availability of clean and eco-friendly fuel like natural gas to industrial, commercial, domestic and transport sectors in West Bengal. Other states benefitting from the project will be Uttar Pradesh, Bihar, Odisha and Jharkhand.

    The JHBDPL project will connect eastern part of the country with the national gas grid. The capital grant will encourage supply of eco-friendly fuel at affordable tariffs to industries and will encourage industrial development in these states.

    The cabinet has also recently approved revival of three fertilizer units (FCIL- Gorakhpur, HFCL- Barauni and FCIL-Sindri) along the route of this pipeline project. On revival, these units will be the anchor gas customers for JHBDPL project and gas to these plants will be supplied under the gas pooling scheme for urea sector at pooled price. Terry Bradshaw Authentic Jersey

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