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 Assam Gas Craker Project

The Assam Gas Cracker Project was proposed as a part of implementation of Assam Accord signed by Government of India on 15th August, 1985. The Assam Gas Cracker Project has been approved by Cabinet Committee on Economic Affairs in its meeting held on 18th April, 2006 under an equity arrangement of GAIL (70%), OIL (10%), NRL (10%) and Govt. of Assam (10%) with a project cost of Rs. 5460.61 crores in which capital subsidy is Rs.2138 Crores. The project schedule for completion of the project is 60 months.