Skip to content
  • Facebook
  • X
  • Linkedin
  • WhatsApp
  • YouTube
  • Associate Journalism
  • About Us
  • Privacy Policy
  • 033-46046046
  • editor@artifex.news
Artifex.News

Artifex.News

Stay Connected. Stay Informed.

  • Breaking News
  • World
  • Nation
  • Sports
  • Business
  • Science
  • Entertainment
  • Lifestyle
  • Toggle search form
  • Access Denied Business
  • Access Denied Business
  • SEBI Bans 9 Entities From Market For Generating Illegal Gains Of Rs 21.16 Crore
    SEBI Bans 9 Entities From Market For Generating Illegal Gains Of Rs 21.16 Crore Nation
  • How Trump vs China Trade War Fallout Has Dealt A Blow To ‘Make In India’
    How Trump vs China Trade War Fallout Has Dealt A Blow To ‘Make In India’ Nation
  • Access Denied
    Access Denied Nation
  • Rahul Gandhi On Indians In US Says You’re Bridge Between Two Nations
    Rahul Gandhi On Indians In US Says You’re Bridge Between Two Nations Nation
  • When Israel And Iran Joined Hands To Fight A Common Enemy
    When Israel And Iran Joined Hands To Fight A Common Enemy World
  • Al Jazeera Journalist’s Vow After Family Dies In Israel Strike
    Al Jazeera Journalist’s Vow After Family Dies In Israel Strike World
No disruption in Bangladesh operations, says Assam refinery

No disruption in Bangladesh operations, says Assam refinery

Posted on August 31, 2024 By admin


The Numaligarh Refinery Limited (NRL) has pipelines up to Siliguri in northern West Bengal, from where diesel is piped to Parbatipur in northern Bangladesh.
| Photo Credit: The Hindu

“The political upheaval in Bangladesh and anti-India sentiments have not affected operations in the neighbouring country,” an Assam-based public sector refinery and energy retailer claimed on Friday (August 30, 2024).

The Numaligarh Refinery Limited (NRL), based in eastern Assam’s Golaghat district, is a product of the Assam Accord of August 1985, which ended a violent six-year agitation seeking to eject “illegal immigrants” from the State.

Also Read: Bangladesh wants harmonious ties with India, but New Delhi mustn’t interfere: Jamaat-e-Islami chief

“There has been no impact of the situation in Bangladesh on the Indo-Bangladesh Friendship Pipeline or our operations in the country. Rather, we are scaling up operations in northern Bangladesh from our Siliguri terminal and northeastern Bangladesh from terminals developed near (southern Assam’s) Silchar,” NRL’s Chairman R. Rath said. He is also the Chairman cum Managing Director of Oil India Limited, the largest shareholder of the refinery.

In March 2023, Prime Minister Narendra Modi and his former Bangladesh counterpart inaugurated the pipeline – the first cross-border energy supply line between the two countries – to transport 1 million metric tonnes per annum (MMTPA) of high-speed diesel to Bangladesh.

From its refinery, the NRL has pipelines up to Siliguri in northern West Bengal, from where diesel is piped to Parbatipur in northern Bangladesh. Before work on this pipeline started in 2018, NRL was marketing petroleum products in this part of Bangladesh — not easily accessible from the southern part of the country due to a network of rivers — since 2015.

Also Read: Interim Bangladesh government to prioritise relationship with India: Dhaka policy experts

“The economy of northern Bangladesh is dependent on farm-based industries and the demand for diesel is highest during the winter months when the rivers run shallow,” NRL’s officials said.

The 6 MMTPA refinery’s plans to set up retail outlets in the western part of the geographically closer Myanmar, however, have been paused by the ongoing civil war in the country. The project was at an advanced stage of implementation when the conflict broke out in the country in February 2021.

“Some discussion is underway with Myanmar,” Dr. Rath said after the 31st annual general meeting during which the refinery declared a total dividend payout of ₹710.66 crore for 2023-24, representing 31.9% of NRL’s profit after tax for the fiscal.

He also said NRL’s first-of-its-kind bioethanol plant based on bamboo feedstock is expected to be commissioned within a month. This plant and a polypropylene plant are among the projects entailing an investment of more than ₹45,000 crore.



Source link

Business Tags:Assam Accord, Assam refinery, bioethanol plant based on bamboo feedstock in Myanmar, India Bangladesh Friendship Pipeline, NRL remain unaffected in Bangladesh, Numaligarh Refinery Limited

Post navigation

Previous Post: “Why Are You Doing This?”: Ex-Pakistan Star Pleads To India Over Champions Trophy 2025
Next Post: How Avani Lekhara Bounced Back From Gall Bladder Surgery To Win Paris Paralympics 2024 Gold

Related Posts

  • Access Denied Business
  • Access Denied Business
  • Union Cabinet approves ₹84,084 crore for offshore exploration scheme ‘Samudra Manthan’
    Union Cabinet approves ₹84,084 crore for offshore exploration scheme ‘Samudra Manthan’ Business
  • Sensex, Nifty tank nearly 1% amid sharp fall in IndusInd Bank, foreign fund outflows
    Sensex, Nifty tank nearly 1% amid sharp fall in IndusInd Bank, foreign fund outflows Business
  • Access Denied Business
  • Budget 2024 for middle income group: Higher exemption limit on savings will put money in our pocket, says retired Anna University professor
    Budget 2024 for middle income group: Higher exemption limit on savings will put money in our pocket, says retired Anna University professor Business

More Related Articles

WEF to launch five new Centres for Fourth Industrial Revolution, one in India WEF to launch five new Centres for Fourth Industrial Revolution, one in India Business
OMCs executives, analysts emphasise E20 compliant, thoroughly tested amid raging concerns OMCs executives, analysts emphasise E20 compliant, thoroughly tested amid raging concerns Business
RMG firms quietly assess Bill banning their industry; video game firms welcome move RMG firms quietly assess Bill banning their industry; video game firms welcome move Business
Access Denied Business
Budget 2023 | No separate mention of disinvestment proceeds Budget 2023 | No separate mention of disinvestment proceeds Business
Stock markets advance in early trade on buying in realty, utility stocks Stock markets advance in early trade on buying in realty, utility stocks Business
SiteLock

Archives

  • September 2026
  • August 2026
  • July 2026
  • June 2026
  • May 2026
  • April 2026
  • March 2026
  • February 2026
  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • July 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022

Categories

  • Business
  • Nation
  • Science
  • Sports
  • World

Recent Posts

  • Iran shuts language centre linked to French embassy
  • Police arrest 12 bus drivers for ‘vandalism’ as DTC drivers’ protest over higher wages enters Day 6
  • ‘Stop Vizag Data Centers’ Instagram account blocked in India
  • Once described as BIMARU, U.P. transformed as country’s growth engine, says CM Yogi
  • Chandni Chowk’s Town Hall to be developed as ‘Global Heritage Centre’: CM

Recent Comments

  1. LarryKef on UP Teacher Who Asked Students To Slap Muslim Classmate
  2. Josephjab on UP Teacher Who Asked Students To Slap Muslim Classmate
  3. LarryKef on UP Teacher Who Asked Students To Slap Muslim Classmate
  4. Jasonnekly on UP Teacher Who Asked Students To Slap Muslim Classmate
  5. Jasonnekly on UP Teacher Who Asked Students To Slap Muslim Classmate
  • Evident distress: On a war, Index of Eight Core Industries data, indicators
    Evident distress: On a war, Index of Eight Core Industries data, indicators Business
  • Number of Duleep Trophy games telecast will be increased: BCCI secretary Devajit Saikia
    Number of Duleep Trophy games telecast will be increased: BCCI secretary Devajit Saikia Sports
  • PM Modi Urges Amitabh Bachchan To See These 2 Places
    PM Modi Urges Amitabh Bachchan To See These 2 Places Nation
  • Roberta Metsola Re-Elected As European Parliament Chief
    Roberta Metsola Re-Elected As European Parliament Chief World
  • Artist Chintan Upadhyay Gets Life Imprisonment For Conspiring To Kill Wife Hema Upadhyay
    Artist Chintan Upadhyay Gets Life Imprisonment For Conspiring To Kill Wife Hema Upadhyay Nation
  • Access Denied
    Access Denied Nation
  • Very few women in the race as some of the world’s biggest democracies go to the polls in 2024
    Very few women in the race as some of the world’s biggest democracies go to the polls in 2024 World
  • Detention Of Activist Sonam Wangchuk Is “Unacceptable”: Rahul Gandhi
    Detention Of Activist Sonam Wangchuk Is “Unacceptable”: Rahul Gandhi Nation

Editor-in-Chief:
Mohammad Ariff,
MSW, MAJMC, BSW, DTL, CTS, CNM, CCR, CAL, RSL, ASOC.
editor@artifex.news

Associate Editors:
1. Zenellis R. Tuba,
zenelis@artifex.news
2. Haris Daniyel
daniyel@artifex.news

Photograher:
Rohan Das
rohan@artifex.news

Artifex.News offers Online Paid Internships to college students from India and Abroad. Interns will get a PRESS CARD and other online offers.
Send your CV (Subjectline: Paid Internship) to internship@artifex.news

Links:
Associate Journalism
About Us
Privacy Policy

News Links:
Breaking News
World
Nation
Sports
Business
Entertainment
Lifestyle

Registered Office:
72/A, Elliot Road, Kolkata - 700016
Tel: 033-22277777, 033-22172217
Email: office@artifex.news

Editorial Office / News Desk:
No. 13, Mezzanine Floor, Esplanade Metro Rail Station,
12 J. L. Nehru Road, Kolkata - 700069.
(Entry from Gate No. 5)
Tel: 033-46011099, 033-46046046
Email: editor@artifex.news

Copyright © 2023 Artifex.News Newsportal designed by Artifex Infotech.