Latest Project Updates
New Base Oil and Fuel Oil Mfg. Project in Solapur, Maharashtra
Executive Summary: A new base oil and fuel oil manufacturing project in Chincholi MIDC, Maharashtra. It includes MTO, LDO, C9, MHO, base oil, fuel oil, and process oil production with a total capacity of 220 KL/D. The project, costing Rs.47 million, received consent from state pollution control authorities in February 2024.
Rs.6760 Million New POL Terminal in Jammu and Kashmir
Executive Summary: A petroleum corporation plans to construct a modern POL Terminal in Jammu and Kashmir, covering 115.41 acres with an estimated cost of Rs.6760 million. Scheduled for completion by March 31, 2025, the terminal will feature a fully automated depot with 100,000 KL storage capacity for various petroleum products, adhering to the latest safety standards and equipped with essential facilities.
Rs.125 Million New Oil and Gas Transportation Pipeline for Natural Gas Unit in Deoghar, Jharkhand
Executive Summary: A leading energy company is set to initiate a significant oil and gas transportation pipeline project in Gangti, Jasidih Thana, Deoghar, Jharkhand, with a monthly capacity of 1500000 MT. The endeavor, valued at Rs.125.775 million, recently gained approval from state pollution control authorities as of February 2024.
Rs.653700 Million New Green Hydrogen Project in Visakhapatnam, Andhra Pradesh
Executive Summary: A new Green Hydrogen Project in Visakhapatnam, Andhra Pradesh, the central PSU aims to establish a production plant with a capacity of 1,100 TPD, costing Rs.653,700 million. Phased investment until 2032 involves Rs.6.81 billion for Phase I by 2026, Rs.312 billion for Phase II, and Rs.334.89 billion for the final phase, signaling a significant move towards sustainable energy practices.
Rs.470 Million New Exploratory Drilling Well for Oil & Gas Unit in West Godavari, Andhra Pradesh
Executive Summary: An exploratory drilling well for oil & gas is planned in Penugonda Village & Mandal, Andhra Pradesh, with a capacity of 50,000 m3/day, costing Rs. 470 million. Consent has been obtained from state pollution control authorities as of February 2024.
New Storage of Aviation Turbine Fuel Project in Deoghar, Jharkhand
Executive Summary: A new aviation turbine fuel storage project is planned in Padampur, Jharkhand, with a capacity of 70 Kl, costing Rs. 32.8 million. Consent from state pollution control authorities has been obtained as of February 2024.
Rs.250 Million New Integrated Green Hydrogen Plant in Kerala
Executive Summary: A new integrated green hydrogen plant and fuelling station are planned at Kochi Airport, Kerala, costing Rs. 250 million. In February 2024, an MoU was signed between the company and Cochin International Airport Ltd (CIAL) to execute the project, marking a significant step toward sustainable energy solutions.
Rs.710 Million New Exploratory Drilling Well for Oil & Gas Project in Damoh, Madhya Pradesh
Executive Summary: An exploratory drilling well for oil and gas in Pathariya, Damoh, Madhya Pradesh. The project includes one well with a depth of 3000 meters, estimated at Rs.710 million. As of February 2024, the company has obtained consent from state pollution control authorities for project establishment.
Rs.750 Million New Onshore Exploratory Drilling Project in Maharashtra
Executive Summary: A new onshore exploratory drilling project in Maharashtra aims to develop three wells across Dhule, Jalgaon, and Nandurbar districts. Estimated at Rs. 750 million, construction starts in March 2024, with completion slated for February 2030. The Ministry of Environment, Forest and Climate Change seeks essential project details for clearance, indicating rigorous evaluation.
Rs.3870 Million New Storage of Interface/Slop -2 Storage Tanks Unit in Darjeeling, West Bengal
Executive Summary: A project in West Bengal's Siliguri aims to establish storage facilities including interface/slop, firewater, motor spirit, high-speed diesel, and surge relief. Estimated at Rs.3870 million, the project has received approval from state pollution control authorities as of February 2024, enhancing Numaligarh Refinery's infrastructure.