Oil India Limited Completes Strategic Pipeline Upgrade, Boosting Northeast Energy Infrastructure

1 min read     Updated on 13 Oct 2025, 07:08 PM
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Shriram ShekharScanX News Team
Overview

Oil India Limited (OIL) has mechanically completed the Numaligarh-Siliguri Product Pipeline (NSPL) upgradation project on October 12, 2025. The project increases the pipeline's capacity from 1.77 MMTPA to 5.50 MMTPA, aligning with the Numaligarh Refinery Expansion Project. This upgrade enhances energy security, supports economic growth, and meets growing demand in Northeast India, contributing to national energy goals.

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Oil India Limited (OIL) has achieved a significant milestone in its commitment to India's energy security with the mechanical completion of its Numaligarh-Siliguri Product Pipeline (NSPL) upgradation project on October 12, 2025. This strategic enhancement marks a substantial leap in the company's midstream infrastructure capabilities, positioning OIL to meet the growing energy demands of the Northeastern region and beyond.

Key Project Highlights

The NSPL upgradation project showcases OIL's dedication to strengthening India's energy infrastructure. Here are the critical aspects of this achievement:

Aspect Details
Project Name Numaligarh-Siliguri Product Pipeline (NSPL) Upgradation
Completion Date October 12, 2025
Capacity Increase From 1.77 MMTPA to 5.50 MMTPA
Purpose To handle increased product flows from Numaligarh Refinery

Strategic Importance

This upgrade is closely aligned with the ongoing Numaligarh Refinery Expansion Project by Numaligarh Refinery Ltd. (NRL), which aims to increase the refinery's capacity from 3.00 MMTPA to 9.00 MMTPA. The synergy between these projects underscores a comprehensive approach to enhancing the region's petroleum product supply chain.

Implications for Northeast India

The completion of the NSPL upgradation project is expected to have far-reaching effects on the energy landscape of Northeast India:

  1. Enhanced Energy Security: The increased pipeline capacity will ensure a more robust and reliable supply of petroleum products to the region.

  2. Economic Growth: Improved energy infrastructure can catalyze industrial development and economic activities in the Northeast.

  3. Meeting Growing Demand: The upgrade positions OIL to effectively respond to the increasing demand for petroleum products in the region.

Commitment to National Energy Goals

Oil India Limited's successful completion of this project reaffirms its role as a key player in India's energy sector. By enhancing its midstream infrastructure, OIL is actively contributing to the nation's energy security and supporting the government's vision of a more energy-efficient and self-reliant India.

As the company continues to strengthen its position in the domestic energy market, such strategic investments in infrastructure are likely to play a crucial role in shaping the future of India's energy landscape, particularly in the Northeastern region.

With this significant upgrade, Oil India Limited demonstrates its capability to execute large-scale projects efficiently, further solidifying its status as a Maharatna CPSE under the Government of India.

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Oil India Limited Inks 15-Year Gas Supply Agreement with NEEPCO for Assam Power Plant

1 min read     Updated on 13 Oct 2025, 06:54 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Oil India Limited (OIL) has entered into a 15-year Gas Sale and Purchase Agreement (GSPA) with North Eastern Electric Power Corporation Limited (NEEPCO). The agreement involves supplying 1.4 MMSCMD of natural gas to NEEPCO's Assam Gas Based Power Station in Bokuloni, Dibrugarh. This long-term commitment replaces a previous 10-year arrangement, aiming to ensure stable power generation and energy security in Northeast India. The agreement was signed by high-ranking officials from both companies, highlighting its strategic importance.

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*this image is generated using AI for illustrative purposes only.

Oil India Limited (OIL), a Maharatna CPSE under the Government of India, has signed a significant long-term agreement with North Eastern Electric Power Corporation Limited (NEEPCO), reinforcing its commitment to regional energy security and sustainable power generation in Northeast India.

Key Agreement Details

Parameter Details
Agreement Type Gas Sale and Purchase Agreement (GSPA)
Duration 15 years
Gas Supply Volume 1.4 MMSCMD of Natural Gas
Recipient NEEPCO's Assam Gas Based Power Station (AGBPS)
Location Bokuloni, Dibrugarh, Assam

This new 15-year agreement replaces the previous 10-year arrangement between the two companies, demonstrating a long-term commitment to the region's energy needs.

Significance of the Agreement

The AGBPS at Bokuloni is the largest gas-based power plant in Assam and plays a crucial role in meeting the power demands of the region. By securing a long-term gas supply, this agreement contributes significantly to:

  1. Ensuring stable power generation in Assam
  2. Strengthening regional energy security
  3. Supporting India's transition towards a gas-based economy

Executive Involvement

The agreement was executed by high-ranking officials from both companies:

  • Sh Ranjan Goswami, Executive Director (Business Development), OIL
  • Sh Bijit Kumar Goswami, Executive Director (Operation & Maintenance), NEEPCO

Their involvement underscores the strategic importance of this partnership for both organizations.

OIL's Strategic Position

This extended agreement reaffirms OIL's strong position in the energy sector:

  • Demonstrates confidence in OIL's reserve base
  • Highlights OIL's capability to ensure sustained gas supply from domestic sources
  • Reinforces OIL's role as the anchor energy company of the Northeast region

Oil India remains focused on expanding its upstream portfolio while supporting India's broader energy goals. This agreement aligns with the national vision of promoting affordable and clean energy solutions.

The partnership between OIL and NEEPCO continues to be instrumental in securing the power needs of Assam and the Northeast, contributing to the region's development and energy independence.

Historical Stock Returns for Oil India

1 Day5 Days1 Month6 Months1 Year5 Years
-0.56%-1.98%+4.85%+13.16%-29.37%+636.44%
Oil India
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