Oil and Natural Gas Corporation (ONGC) will invest Rs 8,110 crore for the onshore development and production of oil and gas from 172 wells across eight production mining license (PML) blocks in Andhra Pradesh.
The Ministry of Environment, Forest and Climate Change’s Expert Appraisal Committee recently recommended environmental clearance for the project. The Environment Management Plan (EMP) will involve a capital cost of Rs 172 crore and an annual recurring cost of Rs 91.16 crore. Additionally, ONGC has allocated Rs 11 crore for commitments made during the public hearing.
The committee emphasised that ONGC must fully implement all proposed environmental protection measures and safeguards. All mitigation strategies outlined in the Environmental Impact Assessment (EIA) and EMP reports must be followed. It was also directed that no wells be established within 10 km of the Coringa Wildlife Sanctuary, as per the no objection certificate (NOC) issued in May.