IGGL and GAIL ink interconnection deal

01 Aug 2023 CW Team

Indradhanush Gas Grid (IGGL) and GAIL India have signed an Interconnection Agreement to establish a connection between the North East Gas Grid of IGGL and the Barauni Guwahati Pipeline (BGPL) of GAIL.

Dr Ajit Kr Thakur, the CEO of IGGL, stated on the occasion that the interconnection agreement would enable the North East Gas Grid to connect with the BGPL at three locations, namely Jalpaiguri in West Bengal, Baihata, and Panikhaiti in Assam. He emphasised that this agreement would pave the way for incorporating the North East Gas Grid into the National Gas Grid. GAIL will be responsible for laying the pipeline for interconnection, and the cost of approximately Rs 150.16 billion for the laying will be reimbursed by IGGL to GAIL.

The North East Gas Grid, which is being laid by Indradhanush Gas Grid, stretches for 1656 km with an estimated project cost of Rs 92.65 billion. As of now, the Project has achieved a physical progress of 75%, and phase I is scheduled to be mechanically completed by March 2024.

The agreement was signed by Dr Ajit Kumar Thakur, CEO of IGGL, and R Choudhury, Zonal CGM of GAIL, in the presence of Pradeep Kr Mohapatra, CFO of IGGL, Rajib Kr Bhattacharyya, CHRCM of IGGL, Pankaj Patowari, CPM of IGGL, Jayanta Narayan Das, GM (Mktg) of IGGL, M K Patnaik, GM (Marketing-NG) of GAIL, and other officials from both companies.

Also read:
Experion Capital Invests INR 2 Billion in Gurugram Luxury Project
Tripura unveils ambitious plan: 500 MW Solar Power by 2030

Real Estate

02 Apr 2026

Indian real estate attracts USD 1.4 bn institutional investments in Q1 2026: Vestian

Institutional investments in India’s real estate sector touched USD 1.4 billion in Q1 2026, marking the highest first-quarter inflow since 2022, according to Vestian. While investments fell 62 per cent quarter-on-quarter due to an exceptionally high base in the previous quarter, they rose 74 per cent compared to the same period last year, reflecting sustained investor confidence despite rising geopolitical and macroeconomic challenges.Commercial real estate remained the key driver of investment activity during the quarter, accounting for 80 per cent of total inflows, sharply higher than 38 p..

VECV crosses 1 lakh annual vehicle sales milestone in FY26

VE Commercial Vehicles (VECV), a joint venture between Volvo Group and Eicher Motors, has surpassed the 1 lakh annual sales mark in FY 2025–26, recording its highest-ever commercial vehicle sales performance. The company said it sold more than 100,000 vehicles during the year, marking a major milestone aligned with the original vision of the Volvo–Eicher joint venture.The strong performance was supported by demand across categories. Light and Medium Duty (LMD) trucks contributed 47,789 units, accounting for 46.1 per cent of total sales. Heavy Duty (HD) trucks recorded 26,867 units (25.9 pe..

Rodic Digital & Advisory partners SatSure to deploy EO intelligence in public sector

Rodic Digital & Advisory (RDA), the strategic advisory and digital transformation arm of Rodic Consultants, has signed a strategic cooperation Memorandum of Understanding (MoU) with SatSure to jointly pursue opportunities in India’s public sector. The collaboration aims to integrate high-resolution Earth Observation (EO) data and geospatial AI into government workflows to strengthen monitoring, compliance, and operational decision-making across key sectors.The partnership combines SatSure’s Earth intelligence capabilities with RDA’s expertise in government digital transformation and ..