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India eyes $40-bn pipeline from Russia

India eyes $40-bn pipeline from Russia
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The Narendra Modi-led government plans to import huge volumes of natural gas from Russia. The Centre is working out the contours of a $40-billion (Rs 2.4 lakh-crore) mega onland pipeline project carrying gas from Russia to India, in one of India´s biggest energy projects till date.The move follows Prime Minister Narendra Modi´s recent meeting with Russian President Vladimir Putin in Brazil on the sidelines of the Brics summit.

The Prime Minister´s Office (PMO) along with the ministry of petroleum and natural gas is preparing a blueprint to examine the feasibility.

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