Latest Project Updates
Rs.913 Million New Oil and Gas Exploration Project in Tripura
Executive Summary: A new oil and gas exploration project in Tripura involves converting 17 exploratory wells into development wells across eight ML blocks. The project, costing Rs. 913.7 million, is set to begin in May 2025 and complete by June 2031. As of July 2024, it is awaiting environmental clearance from the Ministry of Environment, Forest and Climate Change.
Rs.430 Million New Oil and Gas Exploration Project in Gomati, Tripura
Executive Summary: A new oil and gas exploration project in Dakshin Chandrapur, Udaipur, Gomati, Tripura, involves drilling at location AA-ONO-184-BOA-B, costing Rs. 430 million. Construction is set for August to September 2024. As of June 2024, it awaits environmental clearance from the State Level Environment Impact Assessment Authority, aiming to boost local energy production and economic development.
Rs.1500 Million ESIC Hospital Construction Project in West Tripura, Tripura
Executive Summary: A new ESIC Hospital Construction Project in Shyamlibazar, Agartala, Tripura aims to build a 100-bedded hospital at an estimated cost of Rs. 1500 million. Construction starts in October 2024 and is slated for completion by March 2027. As of June 2024, the project has progressed to the Tender Publish stage and is being developed via the EPC route, enhancing healthcare infrastructure in the region.
Rs.370 Million New Hydrocarbons Project in North Tripura, Tripura
Executive Summary: A hydrocarbons project in Tripura involves exploratory drilling with a Rs. 370 million budget. Construction is set for June 2024, pending environmental clearance from India's Ministry of Environment, Forest and Climate Change, as of April 2024.
Rs.2720 Million New Oil & Gas Field Development Project in Tripura
Executive Summary: A new Oil & Gas Field Development Project is planned in Tripura, involving surface facilities, gathering stations, drilling, and interconnecting pipelines. Estimated at Rs.2720 million, the project awaits environmental clearance from the Ministry of Environment, Forest, and Climate Change of India as of April 2024.
M.S Billets Expansion Project in Agartala, Tripura
Executive Summary: A steel manufacturing project in Tripura aims to double M.S billets production to 62,400 TPA, with a Rs. 440.2 million investment. The plan includes new furnaces and increased production of TMT bars, wire rods, and flats. Environmental clearance is pending for the updated project scope, with Rs. 32.202 million invested for installation of furnaces and continuous casting machines.
Rs.5400 Million New Greenfield POL Facility in Sekerkote, Tripura
Executive Summary: An Indian Oil Corporation is planning to take up new greenfield POL facility in Sekerkote, Tripura. The project involves setting up of a greenfield depot.
Rs.320 Million New Drilling of Exploratory Well Project in South Tripura, Tripura
Executive Summary: A drilling project for an exploratory well in South Tripura, Tripura. Covering an area of 1.795 hectares, the project has an estimated cost of Rs.320 million. Construction is scheduled to commence in February 2024, concluding in March 2024. The project awaits environmental clearance, having been submitted to the State Level Environment Impact Assessment Authority as of November 2023.
Rs.6560 Million New Grass Root Rail-fed Depot in Tripura
Executive Summary: A new Grass Root Rail-fed Depot is planned in Sekerkote, Agartala, Tripura, replacing the existing Dharmanagar Depot. The project includes 20.6 TKL product tankage, a 2.5 TKL Fire Water Tank with Fire Fighting System, and a 1x8 Bays TLF Gantry, with an estimated cost of Rs. 6560 million. As of October 2023, pre-project activities are in progress.
New Cold Chain Development Project in West Tripura, Tripura
Executive Summary: The Government plans to implement a cold chain development project for organic agri-products in multiple locations. The project aims to support fruits like Jackfruit, Pineapple, Lime, and Lemons and also cultivate exotic fruits like Dragon Fruits and Tropical Apples. Construction will occur between January 2023 and December 2025 through a PPP (Design-Build-Finance-Operate-Transfer) route. As of July 2023, the project is under development stage with the tender published, providing opportunities for contractors.