Nov 30: 8Project Name: CBM Block Development 8Project Cost: Rs 1000 crore. 8Project Description: Promoter is planning the development of a CBM Block. A total no of 350 wells are to be drilled in order to boost the CBM production by the year 2020-21. The environment clearance for the block has been awarded. Currently, promoter is in process of land acquisition so as to start drilling within the timeframe. The drilling part would be done by promoter itself. The CBM rig services would be hired by promoter for a total time period of 3 years, as sufficient rigs and manpower are not available with the asset. Further RFQs are expected shortly. 8Project Event: RFQ for hiring CBM rigs is expected by March 2018. 8Expenditure Approval: Q3/2017. 8RFQ Date: Mar/2018 8Release Date: Apr/2018. 8Start Date: Aug/2018. 8Completion Date: Q4/2021. Click here for more details 8Project Name: Offshore Field Development 8Project Cost: Rs 510 crore 8Project Description: Promoter is planning the development of an offshore block located in the Western Offshore. The project envisages a peak oil production of 1,000 bopd, peak condensate production of 1,800 bcpd and a peak gas production of 0.3 MMSCMD. The cumulative oil production of 0.2 MMT, cumulative condensate production of 0.4 MMT and the cumulative gas production of 0.6 BCM is envisaged during the life of the project. Following developments have been proposed for the project: Creation of facilities in the form of one new slot wellhead platform along with associated pipeline, topside modification of two existing process platforms and drilling of two wells. RFQs for the project are expected shortly. 8Project Event: RFQs for hiring an EPC contractor for wellhead platform and pipelines is expected by December end 2017. 8Expenditure Approval: 23/Feb/2017 8RFQ Date: 15/Dec/2017 8Release Date: Q1/2018 8Start Date: Q2/2018 8Completion Date: Nov/2019 Click here for more information 8Project Name: Greenfield LPG Bottling Plant 8Project Cost: Rs 137 Crore 8Project Description: An existing company is planning to set an LPG Bottling Plant with a capacity of 120 TMTPA. 8Project Event: RFQ for licensor selection is expected by January 2018. 8Expenditure Approval: Q2:2017 8RFQ Date: Jan/2018 8Release Date: Feb/2018 8Start Date: Q2:2018 8Completion Date: Q2:2020 Click here for more details. 8Project Name: Greenfield LPG Bottling Plant 8Project Cost: Rs 30 Crore 8Project Description: An existing company is planning to set an LPG Bottling Plant with a capacity of 1500 MTPA by installing 3 X 500 MT mounded storage vessels 8Project Event: RFQ for Project Management Consultant is to be expected by January 2018. 8Expenditure Approval: May:2017 8RFQ Date: Jan/2018 8Release Date: Feb/2018 8Start Date: Q1:2018 8Completion Date: Q3:2019 Click here for more details.