Latest Project Updates
Rs.18650 Million New Onshore Development Project in Gujarat
Executive Summary: A major energy corporation is launching a ₹18,650 million onshore development project across Gujarat’s Anand, Kheda, and Vadodara districts. The initiative involves producing oil and gas from 344 wells across eight blocks. Currently awaiting environmental clearance as of March 2026, the ten-year development phase is scheduled to run from January 2027 to 2037, significantly boosting domestic energy production.
Rs.212 Million Exploration and Appraisal Wells in Assam
Executive Summary: An oil and gas exploration project in Jorhat, Assam, is expanding to include three additional exploration and appraisal wells and one production unit. Budgeted at Rs. 212.4 million, the project aims to rapidly assess regional hydrocarbon potential. Activity is scheduled for March to April 2026, following environmental clearance submission to state authorities as of March 2026.
Rs.461 Million New Development Well Project in East Godavari, Andhra Pradesh
Executive Summary: A leading energy PSU is investing ₹461.5 million to establish the Madupalli Quick Production System in East Godavari, Andhra Pradesh. The project involves converting an exploratory well into a development well to accelerate hydrocarbon extraction. Currently seeking environmental clearance, the project features a long-term operational timeline from March 2027 through December 2035, bolstering regional energy production.
Rs.200 Million New Drilling of Exploratory Well development Project in Andhra Pradesh
Executive Summary: A ₹200 million exploratory drilling project is set for the Konaseema District, Andhra Pradesh. The development of the KWEH well aims for a capacity of 50,000 KL per day to bolster regional hydrocarbon production. As of March 2026, the initiative has secured vital consent from state pollution control authorities to begin establishing the site.
Rs.6352 Million New Coke Drum Structure Package in Golaghat, Assam
Executive Summary: A ₹6,352.8 million Coke Drum Structure Package is being developed in Golaghat, Assam, to modernize regional refinery operations. Executed via the EPC route, the project reached the "Notice to Proceed" stage as of March 2026. Construction is currently underway and scheduled for completion by September 2026, aiming to significantly boost petroleum processing efficiency and regional energy security.
Rs.400 Million Exploratory Drilling Well Project in West Godavari, Andhra Pradesh
Executive Summary: A ₹400 million exploratory drilling project is underway in West Godavari, Andhra Pradesh, focusing on a single well to assess hydrocarbon potential. Currently awaiting environmental clearance as of March 2026, the project is nearing its final implementation phase with an expected completion date in April 2026, aiming to identify new energy reserves in the Krishna-Godavari basin.
Rs.2600 Million New Floating Storage and Regasification Unit in Purba Medinipur, West Bengal
Executive Summary: A new floating storage and regasification unit (FSRU) project with an estimated investment of Rs 2,600 million is planned at Haldia, West Bengal. The project involves installation of a vessel-based LNG storage and regasification facility to support gas supply and energy infrastructure in the region. The development will be executed at Syama Prasad Mookerjee Port under an agreement with the port authority and will help strengthen LNG handling capabilities and energy logistics in eastern India.
Rs.18070 Million Lube Oil Base Stock Unit Installation Project in Sagar, Madhya Pradesh
Executive Summary: A new 200 KTPA Lube Oil Base Stock Unit is being installed at the Bina Refinery in Madhya Pradesh, representing a significant ₹18,070 million investment. Having secured environmental clearance in March 2026, construction is slated to run from June 2026 to May 2028. The project aims to enhance high-value lubricant production and regional industrial infrastructure.
Rs.150 Million New Oil and Gas Exploration Project in Vadodara, Gujarat
Executive Summary: A leading energy firm is launching a ₹150 million oil and gas exploration project in Vadodara, Gujarat. The initiative involves drilling and appraising three wells in the Karjan ML block of the Western Onshore Basin. As of March 2026, the project awaits SEIAA environmental clearance, with a rapid two-month construction phase scheduled for August to October 2026.
Rs.5500 Million New Oil and Gas Exploration Project in Andhra Pradesh
Executive Summary: A ₹5,500 million onshore project in Andhra Pradesh involves drilling 15 exploratory wells across Konaseema, Kakinada, and West Godavari. As of March 2026, the CA-16 Contract Area has been allotted to a specialized partner for drilling operations. Construction is scheduled from April 2026 to January 2031, aiming to bolster domestic energy reserves in the Krishna-Godavari Basin.