Northeast India Current Affairs

IWAI and IPGPL ink MoU on Kaladan Multimodal Transit Transport Project

The Inland Waterways Authority of India (IWAI) and India Ports Global Private Limited (IPGPL) have signed a MoU for implementation of additional works on the Kaladan Multimodal Transit Transport Project (KMTTP) in Myanmar.

As part of the MoU, both signatory parties will be implementing three additional works on the KMTTP at the estimated to cost 476 crore rupees. These three projects are

  • Container handling facilities at Paletwa and Sittwe.
  • Operation and Maintenance (OM) of the completed works.
  • Removing wrecks in Sittwe Port basin area.

Kaladan Multimodal Transit Transport Project (KMTTP)

  • The KMTTP in Myanmar was conceptualized and is being administered by the Union Ministry of External Affairs (MEA).
  • The ambitious project seeks to facilitate connectivity between the mainland India and the landlocked North Eastern States through maritime shipping, inland waterways and roads of Myanmar.
  • The link between landlocked north eastern states and Myanmar will pave the way for (i) enhanced trade and commerce across the border. (ii) Enable cultural and social integration at the regional level.
  • The MEA had appointed IWAI as the Project Development Consultant (PDC) for the implementation of the Port and Inland Water Transport (IWT) component of the KMTTP.

India Ports Global Private Limited (IPGPL)

The IPGPL has been established as a Joint Venture between Jawaharlal Nehru Port Trust and Kandla Port Trust for the purpose of development of ports overseas.

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Union Government releases Hydrocarbon Vision 2030 for North-East

Union Ministry of Petroleum and Natural gas (MoPNG) has released the Hydrocarbon Vision 2030 for north-east India.

The Hydrocarbon Vision 2030 outlines steps to leverage the hydrocarbon sector for social and economic development of the north-east region.

The states covered under it are Assam, Arunachal Pradesh, Meghalaya, Manipur, Nagaland, Sikkim, Mizoram and Tripura.

Key features of the Hydrocarbon Vision 2030

  • Objective: To leverage the north-east region’s hydrocarbon potential, improve availability of petroleum products, enhance access to clean fuels, facilitate economic development and link common people to the economic activities in this sector.
  • It lays out a detailed roadmap for the entire hydrocarbons value chain, covering all aspects of upstream, midstream and downstream segments of this sector.
  • The Vision rests on five pillars of 5Ps People, Policy, Partnership, Projects and Production.
  • People: Foresees accessibility of clean fuel to households in this region and also foster skill development and local community involvement.
  • Policy: Focus on development of areas including moderation of specific terrain and weather conditions of the region along with fund planning for new projects.
  • Partnership: Give stress on greater involvement of state governments from this region in planning and implementation and also boosting trade with neighbouring nations.
  • Projects: Focus on pipeline connectivity for carrying natural gas, liquefied petroleum gas (LPG), petroleum products, oil and lubricants (POL).
  • It will also include building refineries and import links and development of compressed natural gas (CNG) highways and city gas distribution network.
  • Production: Give emphases for technology deployment, production enhancement contracts and fast-track clearance and also development of service provider hubs.
  • The vision also focuses on other areas including exploring hydrocarbon linkages and trade opportunities with neighbouring countries like Bangladesh, Myanmar, Nepal and Bhutan.
  • It also aims at doubling Oil and Gas production by 2030, fast tracking projects, generating employment opportunities and promoting cooperation with neighbouring countries.

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