Oil India, NEEPCO Ink 15-Year Gas Supply Agreement

16 Oct 2025 CW Team

Oil India Ltd (OIL) on Monday announced that it has signed a long-term Gas Sale and Purchase Agreement (GSPA) with North Eastern Electric Power Corporation (NEEPCO) for the continued supply of 1.4 million metric standard cubic metres per day (MMSCMD) of natural gas.

Under the new pact, OIL will supply gas to NEEPCO’s Assam Gas-Based Power Station (AGBPS) at Bokuloni in Dibrugarh district for another 15 years, extending their existing 10-year arrangement.

“The new 15-year agreement succeeds the earlier 10-year deal, ensuring uninterrupted energy supply to the region,” OIL said in an official statement.

Through this partnership, OIL and NEEPCO aim to enhance energy security in Assam and the Northeast, supporting India’s goal of ensuring affordable and clean energy access.

The AGBPS, Assam’s largest gas-based power station, plays a key role in meeting the region’s electricity demand. The station relies on OIL’s consistent natural gas supply to maintain stable operations and meet growing consumption needs.

“The signing of this extended-term agreement reaffirms OIL’s commitment to leveraging its robust reserve base and production capabilities to ensure a sustainable gas supply from domestic sources,” the company added.

The long-term arrangement strengthens both organisations’ contributions to regional energy reliability, while aligning with India’s broader clean energy and sustainability goals.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..