India, Bangladesh sign 6 MoUs

India and Bangladesh recently signed six MoUs, including one for the construction of a 129.5 km-long oil pipeline between Siliguri and Parbatipur, and discussed the Teesta water sharing issue as well as the Rohingya refugee crisis, as per news records.

“Six MoUs including India-Bangladesh Friendship pipeline between Siliguri & Parbatipur, an agreement between Department of Atomic Energy, India and Bangladesh Atomic Energy Commission, was signed during the visit,” the Indian High Commission in Dhaka tweeted.

“This is part of our endeavour to undertake projects in Bangladesh in various socio-economic sectors, including education, culture, health, community welfare, road infrastructure etc, for which we are providing 1,600 crore taka under grant financing,” the Indian foreign secretary said.

The MoU on oil pipeline is aimed at pumping diesel from India to Bangladesh with a capacity of 1 million tonnes per annum.

“The MoU focuses on deepening bilateral cooperation in the hydrocarbon sector and the mutual benefits for both sides that would accrue from the proposed construction of approximate 129.5 km long oil pipeline from the Siliguri Marketing Terminal of the Numaligarah Refinery Ltd (NRL) in India to the Parbaripur depot of the Bangladesh Petroleum Corporation (BPC),” the brief description of the MoU read.

more recommended stories

Subscribe to Infrabuddy Newsletter
Subscribe