Back-to-back five deals between India and Bangladesh in 10 days
The prime ministers of India and Bangladesh inaugurated 130-kilometre-long Bangladesh-India Friendship Pipeline on Tuesday that will run from Siliguri to Parbatipur and will be used for importing oil. Bangladesh Prime Minister Sheikh Hasina inaugurated the construction work of the project through the video conference from Ganobhaban in Dhaka. PM Modi also joined the inauguration ceremony through video link from New Delhi. The third and fourth Dual Gauge line of Dhaka-Tongi section and Dual Gauge Double line of Tongi-Joydevpur section of Bangladesh Railway were also flagged off. The 130 km India-Bangladesh Pipeline project is estimated to cost Rs.346 crore and will be completed in next 30 months. The pipeline will have the capacity of 1 million metric tons per annum.
Pipeline will connect Siliguri in India with Parbatipur in Bangladesh and will transport petroleum products from Numaligarh Refinery (NRL) in Assam. While five km of the pipeline is in India the rest of the pipeline will be implemented by Bangladesh Petroleum Corporation.PM Modi expressed his confidence and stated, “I am confident that the pipeline Project will be major assets for development of Bangladesh particularly in North Bangladesh. The pipeline will boost ties between India and Bangladesh. Though the pipeline is funded by India but it is matter of pride when the project is completed it would be dedicated to the people of Bangladesh. The railway project will help in developing Bangladesh national railway network.” “In 10 days, we have inaugurated five projects. The momentum is because of your leadership. In coming days we will work for bright future of the people of India and Bangladesh,” he remarked. Earlier, Bangladesh used to import diesel through rail wagons. The pipeline will help in reducing time and transportation costs.