Prime Minister Narendra Modi dedicated to the nation and laid the foundation stone for multiple oil and gas sector projects worth about Rs 1.48 lakh crore across the country, and several development projects in Bihar worth more than Rs 13,400 in Begusarai, Bihar yesterday.

He said that Begusrai is a land of talented youth and it has always strengthened the nation's farmers and workers. He emphasized that the old glory of Begusarai is returning as today projects worth about Rs 1.50 lakh crore are being inaugurated or foundation stones of which are being laid. Projects worth Rs 30,000 crore are related to Bihar alone, he added.

“Energy, fertilizers and connectivity are the basis of development. Be it agriculture or industry, everything depends on them”, the Prime Minister said, underlining the government’s priority areas to boost employment and employment opportunities.

Modi reminded them about the starting of the Barauni fertilizer plant, a guarantee that was fulfilled today. “This is a huge achievement for the farmers of the country including those from Bihar”, he said. He said that the plants of Gorakhpur, Ramagundam and Sindri were shut down but now they are becoming the mainstay of India’s self-reliance in urea. “That is why the nation says, Modi’s Guarantees means the guarantee of fulfillment of guarantee”, he added.

Modi touched upon the expansion of the scope of work of Barauni Refinery which had created employment for thousands of shramiks for months. He emphasized that the Barauni Refinery will give new energy to industrial development in Bihar and play a crucial role in making India aatmanirbhar. The Prime Minister expressed delight in the completion of most of the development projects related to petroleum and natural gas worth more than Rs 65,000 crores in Bihar. He highlighted the convenience of supplying low-cost gas to women in Bihar with the expansion of gas pipeline networks, making it easier to set up industries in the region.

The Prime Minister said ‘First Oil’ from KG Basin to the nation, the first crude oil tanker from the ONGC Krishna Godavari deepwater project that was flagged off today, will help in improving self-reliance in this important sector. He said this is how the government is dedicated to national interest function and criticized the selfish dynasty politics. The Prime Minister said that, unlike earlier years, now India’s railway modernization is being discussed globally. He mentioned electrification and station upgradation. 

Background

The Prime Minister inaugurated, dedicated to the nation, and laid the foundation stone for multiple oil and gas projects worth about Rs 1.48 lakh crore. The projects are spread across the country in various states like Bihar, Haryana, Andhra Pradesh, Maharashtra, Punjab and Karnataka along with KG Basin.

The Prime Minister dedicated ‘First Oil’ from KG Basin to the nation and flagged off the first crude oil tanker from the ONGC Krishna Godavari deepwater project. The extraction of ‘First Oil’ from KG Basin marks a historic achievement in India's energy sector, promising to significantly reduce our dependence on energy imports. The project also heralds a new era in India's energy sector, promising to bolster energy security and foster economic resilience.

The oil and gas sector projects worth about Rs 14,000 crore were taken up in Bihar. This includes the foundation stone laying of the expansion of the Barauni Refinery with a project cost of more than Rs 11,400 crore and the inauguration of projects like Grid Infrastructure at Barauni Refinery; Paradip – Haldia – Durgapur LPG Pipeline's extension to Patna and Muzaffarpur, among others.

Other important oil and gas projects projects being taken up across the country include the expansion of the Panipat Refinery & Petrochemical Complex in Haryana; 3G ethanol plant and Catalyst Plant at Panipat Refinery; Visakh Refinery Modernization Project (VRMP) in Andhra Pradesh; City Gas Distribution Network project, encompassing Fazilka, Ganganagar, and Hanumangarh districts of Punjab; new POL Depot at Gulbarga Karnataka, Mumbai High North Redevelopment Phase -IV in Maharashtra, among others. The Prime Minister also laid the foundation stone of the Indian Institute of Petroleum and Energy (IIPE), Visakhapatnam, Andhra Pradesh.

Modi inaugurated the Hindustan Urvarak & Rasayan Ltd (HURL) fertilizer plant in Barauni. Developed at more than Rs 9500 crore, the plant will provide affordable urea to farmers and lead to an increase in their productivity and financial stability. This will be the fourth fertilizer plant to be revived in the country.