The launch of the first-ever cross-border energy pipeline – ‘India-Bangladesh Friendship Pipeline’
On Saturday, Indian Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina jointly inaugurated the more than 130 kilometers long India-Bangladesh friendship diesel pipeline through video conferencing. It is the first-ever cross-border energy pipeline between the two countries which will initially supply high-speed diesel to 7 northern districts of Bangladesh.
The pipeline has the capacity to transport one million metric tons per annum (MMTPA) of High-Speed Diesel (HSD). The trans-border energy pipeline has been built at an estimated cost of Rs.377 crore. The Bangladesh portion of the pipeline, built at the cost of approximately 285 crore rupees has been financed by the Indian government under its grant assistance.
Prime Minister Narendra Modi and Bangladesh PM Sheikh Hasina inaugurate the India-Bangladesh Friendship Pipeline, via video conferencing. pic.twitter.com/JBOUFHkVzE
— ANI (@ANI) March 18, 2023
The agreement for the construction of the pipeline was signed in 2017 to import diesel from India to Bangladesh through the pipeline. The pipeline will carry diesel from West Bengal’s Siliguri marketing depot of the Numaligarh oil refinery to the Meghna petroleum depot in Dinajpur’s Parbatipur, in Bangladesh.
The India-Bangladesh Friendship Pipeline will provide a sustainable, reliable, and cost-effective approach to transferring HSD from India to Bangladesh. This will help improve energy security between the two countries while being kind to the environment. Such an operation, therefore, stands to foster deeper relationships between these two friendly neighbours.
[With Inputs from IANS]
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Good.