Numaligarh Refinery (NRL) has inked Memorandum of Understanding (MoU) with Oil India to augment the existing pumping capacity of the latter through its pipeline. This will help the company to increase product evacuation from 1.72 million metric tonnes per annum (mmtpa) to 5.50 mmtpa through Numaligarh-Siliguri pipeline.
The capacity enhancement of the pipeline that carries petro products is expected to be commissioned by 2024 to synchronise with the commissioning of the NRL mega refinery expansion project from the existing 3 mmtpa to 9 mmtpa.
Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.
| Company Name | CMP |
|---|---|
| ONGC | 283.95 |
| Oil India | 470.10 |
| Jindal Drilling&Inds | 540.15 |
| Deep Industries | 476.90 |
| Asian Energy Service | 306.05 |
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