IDCO, IOCL ink MOU to de­velop net­work for piped gas sup­ply

This sys­tem would lead to GSDP growth: Min­is­ter

The Political and Business Daily - - ODISHA FOCUS - PBD BUREAU BHUBANESWAR, J ULY 29

THE long wait for gas cylin­der will end soon as cook­ing gas will be avail­able at door steps through pipes. Odisha In­dus­trial In­fra­struc­ture De­vel­op­ment Cor­po­ra­tion (IDCO) to­day signed an MoU with In­dian Oil Cor­po­ra­tion Limited (IOCL) to jointly pro­mote nec­es­sary in­fra­struc­ture in the State for dis­tri­bu­tion of Nat­u­ral Gas to in­dus­tries and City Gas Dis­tri­bu­tion (GSD) through pipes.

In­dus­try Min­is­ter Ni­ran­jan Pu­jari who was present dur­ing the sign­ing of MoU, hoped that this sys­tem would lead to growth in gross state do­mes­tic prod­uct (GSDP) and also at­tain the height of Gu­jarat in the field of Nat­u­ral Gas in the eastern sec­tor. He, how­ever, em­pha­sised pro­duc­tion of Green Gas in view of its de­mand in near fu­ture.

Chief Sec­re­tary J K Mo­ha­p­a­tra said that with this sys­tem, Nat­u­ral Gas will be con­ve­niently avail­able and it is cost ef­fec­tive. For fa­cil­i­tat­ing the use of in­dus­try and house­hold sec­tor, the State would part­ner and pro­vide sup­port to the IOCL.

Ex­ec­u­tive Di­rec­tor (Gas) of IOCL AK Marchanda said Liq­ue­fied Nat­u­ral Gas (LNG) ter­mi­nal at Dhamara would be com­mis­sioned in 2018 with an in­vest­ment of Rs 5,000 crore. By the time the ter­mi­nal is com­mis­sioned, city gas dis­tri­bu­tion would be func­tional in the State. Two pipe­lines are be­ing laid for the State, one from Su­rat to Paradip and an­other from Hal­dia to Kak­i­nada run­ning through the State. With the com­ple­tion the pipe­line lay­ing work, dis­tri­bu­tion of Nat­u­ral Gas to in­dus­tries and house­holds would be ac­cel­er­ated, Marchanda said.

De­bashis Nanda, a se­nior of­fi­cial, pro­jected that Odisha would emerged Gu­jarat of the East. As Gu­jarat launched ac­tiv­i­ties on Nat­u­ral Gas for the first time in the West, Odisha would ini­ti­ate sim­i­lar steps in the eastern part. The first LNG ter­mi­nal in the eastern In­dia would come up at Dhamara. The State hav­ing main­tained growth rate of nine per cent has long coast­line, which will ad­e­quately help the State scale up dif­fer­ent ac­tiv­i­ties, Nanda said.

Prin­ci­pal Sec­re­tary of In­dus­try Depart­ment Parag Gupta de­scribed the MoU as a mile­stone and said that it would drive growth of the State.

The MoU signed was de­scribed as an um­brella of joint ven­tures through which joint as­sess­ment of the re­quire­ment and de­mand of nat­u­ral gas would be con­ducted. Ac­cord­ingly, nec­es­sary in­fra­struc­ture for mak­ing gas avail­able at the de­mand cen­tres could be de­vel­oped. This would give a fil­lip to the en­ergy se­cu­rity in the State through clean and green en­ergy and boost fer­tiliser, power and petro­chem­i­cals and down­stream in­dus­tries in me­tal sec­tor and also pro­mote util­i­sa­tion of com­pressed nat­u­ral gas ( CNG) in trans­porta­tion sec­tor as well.

How­ever, the IOCL sources re­vealed that due to sig­nif­i­cant growth of nat­u­ral gas in last two decades, it has emerged as the pri­mary source of en­ergy. While share of nat­u­ral gas has gone up by 4 per cent, oil has wit­nessed drop by 2 per cent.

CMD of IDCO Vishal Dev and Ex­ec­u­tive Di­rec­tor of IOCL Marchanda signed MoU. Among oth­ers Chief Ex­ec­u­tive Of­fi­cer S K Mo­ha­p­a­tra of DPCL was present in the sign­ing cer­e­mony.

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