Oil India has inked a long-term firm Gas Sale and Purchase Agreement (GSPA) with North Eastern Electric Power Corporation (NEEPCO) for continued supply of 1.4 MMSCMD of Natural Gas to NEEPCO’s Assam Gas Based Power Station (AGBPS) at Bokuloni, Dibrugarh for another 15 years. The new agreement with a term of 15 years, succeeds the earlier 10-year arrangement between the two companies.
AGBPS is the largest gas-based power plant in Assam and plays a vital role in meeting the Power Demand of the Region. The signing of this extended-term agreement reaffirms the company’s commitment and confidence in its strong reserve base and its capability to ensure sustained gas supply from its domestic sources.
Through this long-standing partnership, the company and NEEPCO continue to secure the Power needs of Assam and the Northeast, thus strengthening regional energy security and advancing the vision of affordable and clean energy.
Oil India, a navratna company, is Asia's oldest and biggest pioneer oil exploration and Production Company.
