Government mulling ₹5,400 crore funding to Northeast gas grid
New Delhi: In only the second instance of providing funds for a gas pipeline, the government is considering shelling out about ₹5,400 crore in viability gap funding for a proposed Northeast gas grid, officials said.
The 1,656-km North-East Natural Gas Pipeline Grid will connect Guwahati in Assam to major cities in the region such as Itanagar, Dimapur, Kohima, Imphal, Aizwal, Agartala, Shillong, Silchar, Gangtok, and Numaligarh.
However, in the absence of anchor customers, the ₹9,000 crore pipeline is not economically viable.
