Shares of Oil India Ltd (Oil) were in focus on Tuesday after the state-run Maharatna announced two major operational milestones, the mechanical completion of its upgraded Numaligarh–Siliguri Product Pipeline (NSPL) and a 15-year gas supply agreement with North Eastern Electric Power Corporation Ltd (NEEPCO).

In a stock exchange filing, Oil said it achieved mechanical completion of the NSPL project on October 12, 2025, marking a key step towards expanding its midstream capacity in the Northeast. The upgraded infrastructure will increase transportation capacity from 1.77 million metric tonnes per annum (MMTPA) to 5.5 MMTPA, enabling the company to handle higher product flows from Numaligarh Refinery Ltd (NRL). Advertisement

“The project aims to enhance the transportation capacity of the e

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