Latest Project Updates
Rs.600 Million New Drilling well Project in Dr. B R Ambedkar Konaseema, Andhra Pradesh
Executive Summary: A new drilling well project in Andhra Pradesh aims to produce 50,000 cubic meters of oil and gas daily, with an estimated cost of Rs. 600 million. As of June 2024, it has received approval from state pollution authorities, reflecting efforts to enhance hydrocarbon exploration and ensure regional energy security while complying with environmental standards.
Rs.380 Million Oil and Gas Drilling Project in Charaideo, Assam
Executive Summary: A significant oil and gas drilling project is set to begin in Naphuk Gaon, Abhayapur, Suffry, Charaideo, Assam, involving the drilling of multiple wells and an investment of Rs. 380 million. Approved by state pollution control authorities by June 2024, the project aims to boost the local economy through job creation and industrial growth.
Rs.330 Million Oil and Gas Drilling Project in Sivasagar, Assam
Executive Summary: ONGC launches an oil and gas drilling project in Sivasagar, Assam, focusing on well development with a Rs. 330 million investment. By June 2024, state pollution control consent was secured, highlighting ONGC's commitment to eco-friendly practices. The endeavor enhances regional energy security, tapping into Assam's abundant resources, aligning with ONGC's sustainable energy exploration goals.
New Green Hydrogen Project in Vijayanagar, Karnataka
Executive Summary: A new 25 MW green hydrogen project is underway in Vijayanagar, Karnataka, aimed at producing 3,800 tonnes annually for green steel manufacturing. The pilot project, set to be completed by Q4 of fiscal 2025, is currently in the pre-project phase with activities such as site preparation and feasibility studies ongoing as of June 2024.
Rs.600000 Million New Ethane Cracker Mfg. Project in Sehore, Madhya Pradesh
Executive Summary: A new 1500 KTA Ethane Cracker project is planned in Ashta, Sehore, Madhya Pradesh, costing Rs. 600,000 million. As of June 2024, the company has requested state government support and 800 hectares of land from the MP Industrial Development Corporation. Investment approval will be sought following a favorable outcome on these enablers.
Rs.100 Million New LPG Bottling Unit in Ranchi, Jharkhand
Executive Summary: A company is planning a new LPG bottling unit in Mauza Burmu, Ranchi, Jharkhand, with a capacity of 30,000 MT/month. The project is estimated to cost Rs. 100 million and has received consent from state pollution control authorities as of June 2024.
Rs.340 Million Oil and Gas Drilling Project in Charaideo, Assam
Executive Summary: In Assam, ONGC is embarking on an oil and gas drilling project in Naharhabi Tea Estate, representing a Rs. 340 million investment. With state pollution control consent obtained by June 2024, the initiative underscores ONGC's commitment to environmental responsibility. This approval signals the project's advancement, promising regional development, enhanced energy security, and economic growth.
Rs.62638 Million Petrochemical Plant Expansion Project in Gujarat
Executive Summary: An Indian company is planning to set up a polypropylene plant at its refinery in Gujarat, with a capacity of 450KTPA, to meet the growing demand for the product in India. The estimated cost of the project is Rs. 40160 million, and as of August 2021, the company has achieved financial closure for the project.
Rs.135 Million New Lubricating Oils Mfg. Project in Gurgaon, Haryana
Executive Summary: A new manufacturing project in Sector-37, Pace City-II, Gurgaon, Haryana, will produce lubricating oils, grease, and petroleum-based products. The project is estimated to cost Rs. 135.792 million and has received consent from the state pollution control authorities to proceed as of May 2024.
New Calcined Petroleum Coke and Carbon Electrode Paste Mfg. Project in Begusarai, Bihar
Executive Summary: A new project for manufacturing calcined petroleum coke and carbon electrode paste is planned in Barauni Industrial Area, Begusarai, Bihar, with a capacity of 24,600 MT/year. The project includes a rotary kiln and a 1000KVA DG set, costing Rs.96 million. As of May 2024, it has received consent from state pollution control authorities.