NE gas grid: Project to be concluded by next year

15 Jul 2024 CW Team

An official stated that the work under the Rs 92.65 billion North East Gas Grid (NEGG) project is expected to be completed in Tripura by March the following year. As part of the NEGG project aimed at synchronizing gas supply in the region, 253 km of gas pipeline will be laid across seven districts. According to Vishwasree B, Director of the Industries and Commerce Department, the NEGG project in Tripura's seven districts is being undertaken by a joint venture entity, Indradhanus Gas Grid Ltd (IGGL), with stakes from five companies - GAIL, IOCL, OIL, NRL (Numaligarh Refinery Ltd), and ONGC. She mentioned that around 105 km of the total 253 km pipeline target in the state has been covered so far. She further added that the remaining portion of the project, encompassing stages like land acquisition, pipeline welding, and pipeline laying, would be completed by March 2025. Regarding the delay in payments for land acquisition compensation due to unavailability of authenticated documents of the owners, Vishwasree explained that the issue had been resolved by the district magistrates (DMs), and payments were currently in process. Vishwasree emphasized that once the NEGG becomes operational, it would facilitate easier gas supply with consistent pressure necessary for industrial and power generation plant use. She also noted that the state government had already granted a license to ONGC for exploration of oil and gas in five blocks. In case gas reserves are discovered during ONGC's exploration, she mentioned that ONGC would seek permission from the state to proceed with mining in these potential blocks, given that the northeastern state holds an estimated reserve of 8 billion cubic meters of gas.

Infrastructure Transport

11 May 2026

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..