Hon’ble Prime Minister will launch and dedicate to the nation various initiatives of petroleum and natural gas sector worth Rs. 4,027 crore on 13th November. These initiatives will focus on providing cleaner and sustainable fuel and production of material aligning with the government’s vision of Make in India.
In aligning with the Govt. Of India’s vision to bring piped natural gas (PNG) to households and provide cleaner energy options for commercial and industrial sectors, Bharat Petroleum Corporation Ltd. is developing City Gas Distribution (CGD) network across five key districts of Bihar namely, Darbhanga, Madhubani, Supaul, Sitamarhi, and Sheohar with substantial investment of Rs. 3,638 crores.
This project is an important step towards fulfilling the commitment of net zero emissions by promoting the use of natural gas. Natural gas is an environment- friendly fuel that also plays an important role in reducing air pollution. It will also support homes, businesses, and industries alike. In addition, the project includes the commissioning of new CNG stations and the construction of a robust carbon steel pipeline network that will transport natural gas from Begusarai to Darbhanga, Madhubani, Sitamarhi, and Sheohar.
“Make in India” initiative has been a cornerstone in transforming India into a global manufacturing hub. With a strong focus on enhancing industrial capabilities, fostering innovation, and creating world-class infrastructure, the initiative aims to position India as a key player in the global economy. Bitumen Manufacturing Unit at Barauni Refinery of Indian Oil to be built with a cost of Rs. 389 crores will help in domestically producing bitumen, it will also decreases country’s reliance on imported bitumen, contributing to India’s economic self-sufficiency while also contributing to savings in foreign exchange earnings ~ $1.1 million.
With increasing demand for bitumen driven by infrastructure projects like Bharatmala Pariyojana, the project will facilitates timely availability of essential infrastructure materials, supporting the nation’s infrastructure development agenda.
These projects will accelerate industrial development in these districts, serving as a catalyst for economic growth and opening new doors for prosperity in Bihar.
Disclaimer: This media release is auto-generated. The CSR Journal is not responsible for the content.
