India-Bangladesh energy pipeline: Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina will inaugurate the primary India-Bangladesh energy pipeline today (March 18) through video-conferencing. It would be the first cross-border pipeline between India and Bangladesh that has been constructed at an estimated price of Rs 377 crore.
The whole price contains the expenditure of Rs 285 crore incurred on laying the portion on the Bangladesh aspect.
“Prime Minister Narendra Modi and Prime Minister of Bangladesh, Sheikh Hasina will inaugurate the India-Bangladesh friendship pipeline on March 18 at 1700 hours (IST) via video-conference,” the Ministry of External Affairs (MEA) mentioned on Friday.
“This is the first cross border energy pipeline between India and Bangladesh, built at an estimated cost of INR 377 crore, of which the Bangladesh portion of the pipeline built at a cost of approximately Rs 285 crore, has been borne by the government of India under grant assistance,” it mentioned in a press release.
Salient options of challenge:
The pipeline has a capability to transport a million metric tonne every year (MMTPA) of high-speed diesel. It will provide excessive pace diesel initially to seven districts in northern Bangladesh.
“The operation of India- Bangladesh Friendship Pipeline will put in place a sustainable, reliable, cost-effective and environment friendly mode of transporting HSD from India to Bangladesh and will further enhance cooperation in energy security between the two countries,” the MEA mentioned.
(With businesses inputs)
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