PM Modi inaugurates oil and gas sector projects in TN

Prime Minister Narendra Modi on Wednesday laid the foundation stone for key oil and gas sector projects in Tamil Nadu via video conferencing. The Prime Minister began his address saying that the projects are important not just for the growth of Tamil Nadu, but also the entire country. “We are trying to eliminate the cascading effect of different taxes on natural gases on different states. We are committed to bring natural gas under the GST regime,” PM Modi said, calling for global investors to invest in energy projects in the country.

“In 2019-20, India imported over 85 per cent of oil and 53 per cent of gas to meet the domestic demand. Can a diverse and talented nation like ours be so energy dependent?”PM asked. The Prime Minister said, “Indian Oil’s 143-km-long pipeline from Ramanathapuram to Thoothukudi will monetise the gas from ONG gas fields. This is a part of a larger national gas pipeline project being developed at a cost of ₹4,500 crore. It will benefit Ennore, Thiruvallur, Bengaluru, Puducherry, Nagapattinam, Madurai and Thoothukudi.”He further said, “95 per cent of Tamil Nadu's LPG customers have joined the PAHAL scheme. Over 90 per cent of the active customers get direct subsidiary transfer under the Ujjwala Yojana. Over 32 Lakh BPL households have been given new connections. Over 31.6 lakh households benefited from free refills under the PM Garib Kalyan Yojana.”