Guwahati: Energy major Oil India on Saturday said it is investing Rs 1,200 crore to revamp the pump stations of pipelines for carrying crude to refineries in Assam.
Addressing the shareholders during the 55th Annual General Body Meeting at the company’s Fields’ Headquarters in Duliajan, OIL Chairman and Managing Director S K Srivastava said: “The pumping stations of the trunk pipeline have been operating for over five decades and a revamping of these pump stations is being undertaken at a cost of Rs 1,200 crore.”
OIL operates a 1,157 km long crude oil trunk pipeline of 5.5 million tonnes per annum (MTPA) capacity for transporting crude oil produced at oilfields in Upper Assam to the public sector refineries at Numaligarh, Guwahati and Bongaigaon, the company said in a statement. (PTI)