ProjectsToday HCC
Contact US : +91-22-61011756 / help@projectstoday.com

ONGC to put two CBM blocks to production

Thursday, 01 Oct 2015
Share this on: Facebook Twitter Google LinkedIn

ONGC will commence production from two coal-bed methane (CBM) blocks by next financial year.

The two blocks which will go for production is Bokaro and North Karanpura.

Under its plan, ONGC would spend Rs 2,000-2,500 crore to monetise its CBM assets and reach an output level of 1.58 million metric standard cubic meter per day (mmscmd) over the next three years.

The ONGC board is likely to give approval to its final field development plan for the Bokaro block in its next meeting. For the North Karanpura block, ONGC is awaiting government’s nod to transfer 25% stake to Prabha Energy. The block was initially held by ONGC (80%) and Coal India (20%). ONGC decided to hive off 25% stake to the private firm, which would be the operator of the block.
 


Oil & Natural Gas Corpn. Ltd.
Related Projects
229
Related Tenders
2509
Petroleum Oil & Gases
Related Projects
311
Related Tenders
2627
 
Name  
Company Name  
 
Email    
Designation  
Contact
Enter Code
 

Comments
 
  
Projects Explorer App

Data Explorer - Facade Search - ProjectsToday

Explore

Free Trial Access

Get Trial Access

Register

REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services

Username:

Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services