New pipeline to open up India’s eastern market
15 November 2016A new $2 billion gas pipeline in eastern India aims to close the infrastructure gap that has stymied the region’s access to the fuel.
The Indian government approved 40% of the financing, worth $740 million, for the Jagadishpur-Haldia-Bokaro-Dhamra (JHBD) pipeline in September. The project, which will be built by Gail and is scheduled for completion in 2020, will run 2,539 km through five states. The first 354 km section – from the state of Uttar Pradesh to Bihar – is slated to be finished by 2018.
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