Partnership13 Oct 2025, 06:47 pm
Oil India Ltd Signs 15-Year Agreement with NEEPCO for Gas Supply to Power Plant in Bokuloni, Assam
AI Summary
Oil India Limited (OIL) has signed a 15-year Gas Sale and Purchase Agreement (GSPA) with North Eastern Electric Power Corporation Limited (NEEPCO) for the continued supply of 1.4 MMSCWMD of Natural Gas to NEEPCO’s Assam Gas Based Power Station (AGBPS) at Bokuloni, Dibrugarh. This agreement succeeds the earlier 10-year arrangement between the two companies and is expected to strengthen regional energy security and advance the vision of affordable and clean energy.
Key Highlights
- OIL and NEEPCO sign a 15-year Gas Sale and Purchase Agreement (GSPA) for continued gas supply to AGBPS.
- The agreement ensures sustained gas supply from OIL's domestic sources, reaffirming its commitment to the region.
- AGBPS is the largest gas-based power plant in Assam and plays a vital role in meeting the Power Demand of the Region.
- This long-standing partnership between OIL and NEEPCO secures the Power needs of Assam and the Northeast.
- OIL remains focused on expanding its upstream portfolio and supporting India’s transition towards a gas-based economy.