World

PM Modi and Bangladesh Prime Minister To Launch First Cross-Border Pipeline

On Saturday, Prime Minister Narendra Modi and his Bangladeshi counterpart Sheikh Hasina will launch the first India-Bangladesh energy pipeline via video conference.

With an estimated cost of Rs. 377 crore, it will be the first cross-border pipeline between Bangladesh and India. The total cost includes the Rs. 285 crore spent on laying the portion on the Bangladesh side.

On Friday, in a statement, the Ministry of External Affairs (MEA) said, “Prime Minister Narendra Modi and Bangladesh Prime Minister Sheikh Hasina will inaugurate the India-Bangladesh friendship pipeline via video conference on March 18 at 1700 hours (IST)”.

“This is the first cross-border energy pipeline between India and Bangladesh, built at an estimated cost of INR 377 crore, of which the Bangladesh portion of the pipeline, built at a cost of approximately Rs. 285 crore, has been borne by the government of India under grant assistance”, it added.

The pipeline can transport one million metric tonnes of high-speed diesel per year.

It will initially provide high-speed diesel to seven districts in northern Bangladesh.

The Ministry of External Affairs (MEA) said, “The operation of the India-Bangladesh Friendship Pipeline will put in place a sustainable, reliable, cost-effective, and environmentally friendly mode of transporting HSD from India to Bangladesh, and will further enhance bilateral cooperation in energy security”.

Also read: Russia And America: From Cold War To World War?

Spriha Rai

Recent Posts

Amit Shah Approves Rs 1,950 Crore Advance Release To Karnataka And Maharashtra For Flood Relief

The Central Government has allocated substantial financial assistance to various States for disaster response and…

11 mins ago

Our Hearts Are Fuller Than Ever: Parineeti Chopra And Raghav Chadha Welcome Their Baby Boy

Bollywood actress Parineeti Chopra and her husband, politician Raghav Chadha, have become proud parents to…

1 hour ago

WhatsApp Tests Monthly Message Cap To Curb Spam And Unwanted Chats

WhatsApp is preparing to roll out a major update designed to curb spam and unwanted…

2 hours ago

Bullet Discovery At Hyderabad Metro Sparks Police Investigation

A 9 mm bullet was found in a commuter’s bag at Hyderabad’s Moosapet Metro Station,…

3 hours ago

Neurosurgeon Reveals Everyday Habits That Gradually Harm Brain Health

Neurosurgeon Dr Richard Veyna warns that poor sleep, stress, inactivity, and sugary diets can harm…

5 hours ago

Amazon Diwali Sale: Last-Minute Smartphone Deals You Can Grab Before October 20

Amazon Diwali sale ends October 20; grab last-minute deals on Samsung, Apple, OnePlus, Realme, and…

5 hours ago