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Rs 800 core offshore cluster development: TOR rejected the third time around
Apr 19: 8Project Name: Offshore Cluster Development.
8Project Cost: Rs 800 crore
8Project Description: The owner's TOR for the project has been rejected for the third time. The company is expected to again look for an EIA consultant. The company is in the process of conducting oilfield analysis at present, so as to estimate the actual potential of the oil reserve. Further RFQs are expected shortly.
8Project Event: RFQs for hiring a consultant for EIA services is expected by June 2018.
 RFQ for hiring an EPCM contractor for the project is expected by July instead of April 2018.
8Expenditure Approval: Q4/2017
8RFQ Date: Jun/2018
8Release Date: Jul/2018
8Start Date: May/2019
8Completion Date: Dec/2022
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