Latest Project Updates
Rs.32813 Million New Onshore Drilling Well Project in Tripura
Executive Summary: A major energy company plans to develop onshore drilling wells in Tripura, covering multiple districts. The project aims to establish 105 wells in nomination PML blocks and 10 wells in NELP PML, with an estimated cost of Rs.32,813.2 million. Environment clearance is underway as of January 2020, highlighting the company's commitment to responsible operations.
Rs.48000 Million Oil Exploration Project in Jaisalmer
Executive Summary: A contractor appointed by the Ministry of Petroleum & Natural Gas plans to set up a Gas Production & Processing facility in Jaisalmer. The project involves drilling 150 wells, establishing a Co2 removal plant, with an estimated cost of Rs. 48,000 million. Environmental clearance is underway.
New Transformer Oils Mfg. Project in Silvassa, Dadra & Nagar Haveli
Executive Summary: Savita Oil Technologies is venturing into a groundbreaking oil manufacturing project in Kuvapada, Silvassa, DNH. With a production capacity of 1,00,000 tons, this facility aims to meet the rising demand for transformer oils, white oils, lubricating oils, liquid paraffins, and specialty oils. Commenced in September 2019, pre-project activities are in full swing as of January 2020.
Rs.465 Million New Compressor Station in Guna, Madhya Pradesh
Executive Summary: Energy giant plans 3 compressor stations in Raghogarh, MP, investing Rs. 465M. Consent secured from pollution authorities, boosting local infrastructure and economy.
Rs.11260 Million New Second Catalytic Iso-Dewaxing Unit in East Medinipur, West Bengal
Executive Summary: Indian Oil Corp (IOCL) plans a second catalytic iso-dewaxing unit in Haldia, West Bengal, boosting capacity to 270 TMT/Year with an investment of Rs. 11,260 million. Environmental clearance initiated in Nov 2019. This expansion project signifies IOCL's commitment to growth and environmental responsibility.
Rs.35000 Million New Onshore Exploration Project in Assam
Executive Summary: Leading energy company launches major Assam onshore exploration: 100 drill sites, 21 PML blocks, Rs. 35B project, secured EC in Dec 2019.
Rs.613 Million New Exploratory Drilling Well Project in East Godavari, Andhra Pradesh
Executive Summary: ONGC to conduct exploratory drilling for oil and gas in East Godavari, Andhra Pradesh, with a Rs. 613 million project, backed by environmental consent as of Dec 2019. Energy security and resource harnessing in focus.
Rs.40000 Million D31 Cluster offshore Fields Development Project in Mumbai City, Maharashtra
Executive Summary: A subsidiary of Antelopus Energy Pvt Ltd, Arch Softwares plans a major offshore project in Mumbai Basin, Maharashtra. They aim to develop four DSF fields, drilling 36 wells, and laying a 250km subsea pipeline, with an estimated budget of Rs. 40,000 million. Securing environmental clearance is in progress. Positioned 145.62km offshore, their dedication to sustainable energy is evident, poised to shape Maharashtra's energy landscape.
Rs.94390 Million New Underground Rock Caverns Development Project in Jajpur, Orissa
Executive Summary:
Rs.680 Million New Drilling Well Exploratory Project in East Godavari, Andhra Pradesh
Executive Summary: A major energy player plans to launch a pioneering exploratory drilling well project in East Godavari, Andhra Pradesh, spanning 30,000 sq. m. at an estimated cost of Rs. 680 million, having secured state pollution control consent as of December 2019.