NRL, Inland Waterways Authority of India signed MoU
NRL, IWAI signed MoU for Transportation of Over-Dimensional Cargo and Cargo Project
New Delhi: An MoU was signed today between Numaligarh Refinery Limited (NRL) and Inland Waterways Authority of India (IWAI) for ‘Transportation of Over-Dimensional Cargo and Project Cargo of NRL Using Inland Water Transport’.
The MoU signing was held in the august presence of Shri Sarbananda Sonowal, Hon’ble Union Minister for Ports, Shipping and Waterways and AYUSH, and Shri Rameswar Teli, Union Minister of State for Petroleum and Natural Gas who attended virtually at Kunjakanan-NRL Township as well as several other dignitaries.
About Numaligarh Refinery Limited
Numaligarh Refinery Limited (NRL), which was set up at Numaligarh in the district of Golaghat (Assam) in accordance with the provisions made in the historic Assam Accord signed on 15th August 1985, has been conceived as a vehicle for the speedy industrial and economic development of the region.
The 3 MMTPA Numaligarh Refinery Limited was dedicated to the nation by the erstwhile Hon'ble Prime Minister Shri A. B. Vajpayee on 9th July 1999. NRL has been able to display creditable performance since the commencement of commercial production in October 2000. With its concern, commitment, and contribution to the socio-economic development of the state combined with a track record of continuous growth, NRL has been conferred the status of Mini Ratna PSU.
About Inland Waterways Authority of India
Inland Waterways Authority of India (IWAI) is the statutory authority in charge of the waterways in India, constituted under IWAI Act-1985 by the parliament of India.
India has an extensive network of inland waterways in the form of rivers, canals, backwaters, and creeks. The total navigable length is 14,500 km, out of which about 5200 km of the river and 4000 km of canals can be used by mechanised crafts. Freight transportation by waterways is highly under-utilized in India compared to other large countries and geographic areas like the United States, China, and the European Union.
The total cargo moved (in tonne kilometers) by the inland waterway was just 0.1% of the total inland traffic in India, compared to the 21% figure for the United States. Cargo transportation in an organised manner is confined to a few waterways in Goa, West Bengal, Assam, and Kerala.
Read Also : Vice Admiral Dinesh Kumar Tripathi appointed as next Chief of the Naval StaffNews Must Read
- CIL’s capex up 6.5% to highest Rs.19,840 Crores in FY 2024
- SCOPE presents SCOPE PREMIER LEAGUE
- MCL Ib Valley Washery commenced commercial operation
- HAL bags Rs 65,000 Cr tender by Defence Ministry
- PSBs' growth output superseded Private Lending firms
- Northern Coalfields Limited CMD inspects Amlohri Area
- SCOPE organizes Public Sector Day celebrations
- IOCL Final Dividend Announcement Expected at April 30 Board Meeting
- Steel Cutting Ceremony of Indian Navy held at HSL Vishakapatnam
- DIPAM declines PFC-REC debt resolution proposal for KSK Mahanadi project