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Home News National

PMs Modi, Hasina to jointly inaugurate India-Bangladesh diesel pipeline on Mar 18

by Indo-Asian News Service
March 17, 2023
in National
0
PMs Modi, Hasina to jointly inaugurate India-Bangladesh diesel pipeline on Mar 18
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New Delhi: Prime Minister Narendra Modi and his Bangladesh counterpart Sheikh Hasina will jointly inaugurate the India-Bangladesh friendship diesel pipeline on March 18, via video-conference.

This is the first cross-border energy pipeline between India and Bangladesh, built at an estimated cost of Rs 377 crore, of which the Bangladesh portion of the pipeline built at a cost of approximately Rs 285 crore, has been borne by the Indian government under grant assistance.

The pipeline has a capacity to transport 1 million metric tonnes per annum (MMTPA) of diesel, which will be initially supplied to seven districts of northern Bangladesh.

The operation of the pipeline will put in place a sustainable, reliable, cost-effective and environment friendly mode of transporting diesel from India to Bangladesh, and will further enhance cooperation in energy security between the two countries, official sources said.

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Indo-Asian News Service

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