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Software updates: Oil and Gas Projects.
Oct 16: 8Project Name: PEL Block Exploratory Drilling
8Project Cost: Rs 150 Crore
8Project Description: Promoter is planning to drill exploratory wells in a PEL Block. Currently, the project is in preclearance phase. The environment clearance for the project is expected by January 2018. The 2D seismic survey for the block was carried out in the year 2015 for overall area of 185 sq km, out of which 154 sq km has been relinquished. Currently, exploratory drilling for 2 other wells is going on in the block. RFQs for the following equipment are expected shortly: Tanking Facilities, Casing, Cementing Facilities and Chemical Additives
8Project Event: RFQs for equipment and additives are expected by December 2017.
8Expenditure Approval: Q3/2016
8RFQ Date: Dec/2017
8Release Date: Jan/2018
8Start Date: Q2/2018
8Completion Date: Sep/2020
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8Project Name: Ratnagiri Refinery Greenfield Project
8Project Cost: Rs 200000 Crore
8Project Description: An existing company is planning to construct a refinery in a joint venture of two companies with a capacity of 60 MMTPA. EIL has been hired as a consultant for preparing all documentation works. Land acquisition work is completed.
8Project Event: RFQ for different Technology Licensor will be released from December 2017.
8Expenditure Approval: Q1:2017
8RFQ Date: Dec/2018
8Release Date: Jan/2018
8Start Date: Q2:2018
8Completion Date: Q2:2023
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8Project Name: Product Pipeline Greenfield Project
8Project Cost: Rs 2800 Crore
8Project Description: An existing company is planning to construct a product pipeline with a capacity of 4.5 MMTPA. Land acquisition for associated facilities had been completed.
8Project Event: RFQ for main-line along with pumping stations are expected by December 2017.
8Expenditure Approval: Q3:2015
8RFQ Date: Dec/2017
8Release Date: Jan/2018
8Start Date: Q2:2018
8Completion Date: Q2:2021
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