MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF PETROLEUM AND NATURAL GAS (SHRI DHARMENDRA PRADHAN)
(a) to (e) : A statement is laid on the table of the House.
STATEMENT REFERRED TO IN REPLY TO PARTS (a) TO (e) OF LOK SABHA STARRED QUESTION NO 174 BY SHRI DHARMENDRA YADAV AND SHRI ANANDRAO ADSUL TO BE ANSWERED ON 28TH NOVEMBER 2016 REGARDING TAPI PIPELINE PROJECT
a) The Turkmenistan – Afghanistan – Pakistan (TAP) project was announced in May 2002. India joined the consortium in 2008. In 2014, the Pipeline Consortium, TAPI Pipeline Company Limited (TPCL) was incorporated. The Share Holders Agreement of TPCL was signed on 13th December 2015 with Turkmenistan 85%, India 5%, Pakistan 5% and Afghanistan 5% Shareholding. On the same day, the Ground Breaking ceremony to start the work on the Turkmen leg of TAPI pipeline was also held at Mary, Turkmenistan. The length of TAPI Pipeline project for Natural Gas supply from the Galkynysh fields in Turkmenistan to Fazilka in India is 1814 km. The estimated cost of the project is US $15 billion according to an ADB commissioned report. The mode of payment will be through 60:40 Debt Equity.
b) Presently, there is no proposal before the Government to put off TAPI project.
c) In April 2016, the four participating countries signed an Investment Agreement in Ashgabad.
d) The estimated cost of the project is US $15 billion. The Islamic Development Bank (IsDB), based in Saudi Arabia, has offered USD 500 million in loan to finance the TAPI gas pipeline project. An agreement to this effect was signed in early November, 2016.
e) TAPI Pipeline Company Limited (TPCL) is mandated to appoint a Project Monitoring Consultant (PMC) to conduct pre-FID activities, including Mine Clearance in Afghanistan, Detailed Route Survey, Front End Engineering Design (FEED), Environmental and Social Impact Assessment etc. The technical study of the TAPI project, done by Penspen, has estimated an overall project duration of 6¾ years from the start of the FEED process till handing over of the pipeline for commercial operation. India will receive 38 MMSCMD of natural gas for a period of 30 years from this pipeline.
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