India, Oct. 13 -- Oil India Limited (OIL) has inked a long-term firm Gas Sale and Purchase Agreement (GSPA) with North Eastern Electric Power Corporation Limited (NEEPCO) for continued supply of 1.4 MMSCMD of Natural Gas to NEEPCO's Assam Gas Based Power Station (AGBPS) at Bokuloni, Dibrugarh for another 15 years.

The new agreement with a term of 15 years, succeeds the earlier 10-year arrangement between the two companies.

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The agreement was executed by the Executive Director (Business Development), OIL Ranjan Goswami and Executive Director (Operation & Maintenance), NEEPCO, Bijit Kumar Goswami at the AGBPS office at Bokuloni, Dibrugarh, Assam.

AGBPS is the l...