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Rs 1300 crore CBM development: EPC tenders to be out in Q3
May 31: 8Project Name: CBM Development 
8Project Cost: Rs 1300 crore
8Project Description: The Promoter is planning  development drilling of 95 wells. The Project also involves the construction of 6 Gas Collecting Stations (GCS) and laying of interconnecting and transportation pipeline network (4”) for CBM transportation. One exploratory and two pilot wells were drilled during Phase-I and Phase-II respectively in the block and gave encouraging results for all the wells. All the planned wells are of vertical profile and promoter owned Drilling Rigs are proposed to be deployed for undertaking drilling activities. The expected reserves of the block are 43 billion cubic meters (bcm). The clearance has been granted recently and the promoter is planning to use lateral drilling technology in one portion of the block. The equipment required for the project will be Drilling pipes, Casing pipes, Drill Bits, Blow out Preventer, Directional Drilling services, Cementing services and Mud engineering services. Further RFQs are expected shortly. 
8Project Event: RFQ for the hiring of an EPC Contractor for GCS construction and laying of pipelines are expected by Q3:2018.
RFQ for the hiring of equipment and directional drilling services are expected by Q3:2018.
8Expenditure Approval: Q3/2014
8RFQ Date: Q3/2018
8Release Date: Q3/2018
8Start Date: Sept/2019
8Completion Date: Dec/2022
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