Gas-based economy crucial for Atmanirbhar Bharat, says PM Narendra Modi

Prime Minister on Tuesday said that a gas-based economy is crucial for Atmanirbhar Bharat and work is being done in the direction of “One Nation, One Grid”.

Prime Minister also inaugurated the Kochi-Mangaluru natural pipeline, via video conferencing today.

“It is an honour to dedicate the 450-km pipeline to the nation. This is an important day for India, especially for people of Karnataka and Kerala. is focusing on gas-based economy and lot of work is being done on ‘One Nation, One Grid’. The gas-based economy is also crucial for Atmanirbhar Bharat,” said PM Modi at the inauguration.

“It is an important day for India, especially for the people of Karnataka and Kerala. These two states are being connected via a natural gas pipeline. I congratulate everyone as the pipeline is a futuristic step towards a clean energy ecosystem,” he added.

Governors and Chief Ministers of Karnataka and Kerala, along with Union Minister for Petroleum and Natural Gas were also present during the event.

Kochi-Mangaluru Natural Gas Pipeline will have a positive impact on economic growth, the Prime Minister stated.

“It is an example that if we work together, nothing is impossible,” he added.

“The Kochi-Mangaluru pipeline is an example that if everyone works together by prioritising development, no goal is unachievable. This pipeline is going to prove very important in accelerating the development of both the states,” said PM Modi.

“It is not just a pipeline but it will be a major driver of development in both states,” he added.

The Kochi-Mangaluru pipeline will increase the ease of living for millions of people in both states. This pipeline will reduce the expenses of the poor, middle class and entrepreneurs of both the states, the Prime Minister stated.

“The Kochi-Mangaluru pipeline will be the medium of gas distribution system in cities. It will become a medium for developing CNG-based transport systems in many cities,” he added.

According to the PMO, the 450 km long pipeline has been built by GAIL (India) Ltd. It has a transportation capacity of 12 Million Metric Standard Cubic Metres per day and will carry natural gas from the Liquefied Natural Gas (LNG) Regasification Terminal at Kochi (Kerala) to Mangaluru (Dakshina Kannada district, Karnataka), while passing through Ernakulam, Thrissur, Palakkad, Malappuram, Kozhikode, Kannur and Kasaragod districts.

The total cost of the project was about Rs 3,000 crore and its construction created over 12 lakh man-days of employment. Laying of the pipeline was an engineering challenge as the route of the pipeline necessitated it to cross water bodies at more than 100 locations. This was done through a special technique called the Horizontal Directional Drilling method.

The pipeline will supply environment-friendly and affordable fuel in the form of Piped Natural Gas (PNG) to households and Compressed Natural Gas (CNG) to the transportation sector.

It will also supply Natural Gas to commercial and industrial units across the districts along the pipeline. Consumption of cleaner fuel will help in improving air quality by curbing air pollution.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Source link