Oil India shares Acquire 1% on Completion of Pipeline Challenge 

October 14, 2025October 14, 2025

Shares of Oil India Ltd have been buying and selling within the inexperienced and 1% on Tuesday, 14 October, after the corporate introduced finishing the Numaligarh-Siliguri product pipeline challenge and inked a long-term association with NEEPCO.

The corporate introduced the improve of amenities of the Numaligarh-Siliguri Product Pipeline (NSPL), which goals to extend the transportation capability of the prevailing pipeline from 1.77 Million Metric Tonnes Per Annum (MMTPA) to five.5 MMTPA, thereby strengthening the corporate’s midstream infrastructure to deal with elevated product flows from the Numaligarh refinery, in response to an change submitting.

This achievement builds on Numaligarh Refinery (NRL)’s profitable execution of the present Numaligarh Refinery Enlargement Challenge, which can increase refinery capability from 3.0 MMTPA to 9.0 MMTPA, it added.

In one other improvement, the corporate signed a long-term agency fuel sale and buy settlement (GSPA) with North Japanese Electrical Energy Company (NEEPCO) to proceed supplying 1.4 MMSCMD of pure fuel to NEEPCO’s Assam Fuel-Based mostly Energy Station (AGBPS) in Bokuloni, Dibrugarh, for one more 15 years.

Final week, Oil India and Mahanagar Fuel inked a Memorandum of Understanding (MoU) to research prospects within the LNG worth chain and rising clear vitality sectors.

In September, the corporate inked a Memorandum of Understanding with GAIL (India) to deepen cooperation throughout the pure fuel worth chain and exploit synergies for growing entry to cleaner vitality throughout the nation. Ans additionally introduced the invention of pure fuel in its second exploratory properly, Vijayapuram-2 (Loc. OAEA), drilled within the Offshore Andaman Block AN-OSHP-2018/1 below the Open Acreage Licensing Coverage (OALP).

Nonetheless, at 1:14 pm, the shares of Oil India shed all their early positive factors and have been buying and selling 0.47% decrease at Rs 414.50 on NSE.

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