Subsequently, NRL offered to pick up a 40% equity stake in the project and a new company, DNP Ltd with equity participation by AGCL (60%) and NRL(40%) was formed. The company was registered on 15th June 2007 with its operational headquarters at AGCL, Duliajan. Later on Oil India Limited joined hands for an equity participation in the project. Now the equity stands at AGCL (51%,), NRL(26%) and OIL(23%).

First Meeting of DNP Ltd.

(From Left to right) In the first Board of Directors' Meeting held on 27th June 2007, Smt. Amiya Gogoi, Chairperson AGCL, Sri B C Sarmah, Managing Director, AGCL, Sri P C Sarmah, IAS and Chief Secretary to Govt of Assam, Chairperson DNPL , Sri D Chakravorty, Director (Technical), Sri P. K. Das, MD, NRL.

Very recently the Supply Order for the heart of the entire gas transportation system - the gas compressors has been issued. Tenders for several other key materials has been floated. Actual physical construction activity will start in November 2007 when materials start arriving at the project sites.

The company is now focused on the Duliajan Numaligarh Pipeline Project. This project is of vital importance since the gas to be transported to NRL shall replace costly Naptha as fuel. The released naptha can then be sold by NRL and also used by the proposed gas cracker project at Lapetkata near Dibrugarh.

The pipeline when extended towards Guwahati and beyond shall be an Energy Highway for the state of Assam.