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Vol. IX Issue. 9
Tripura plans leveraging natural gas reserves to draw investments

14 August 2012

August 8, 2012. Industry Minister of Tripura Jitendra Choudhury said the State is planning to capitalise its natural gas reserves in attracting investments in fertiliser and petrochemicals sectors. The oil and gas major is already setting up a 727-MW gas based power station in the State through ONGC Tripura Power Company (OTPC). On the supply side, ONGC should be ready to produce nearly five million standard cubic metre of gas a day (mmscmd). To add to the flow a consortium of GAIL and Jubilant Energy also struck gas in an exploratory asset. Coupled with energy resources, what particularly works in favour of the State is its proximity to the Bangladesh markets.

      
 
 
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