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Rs 100 crore oil field development: Update
Apr 11: 8Project Name: Oil Field Development
8Project Cost: Rs 100 crore
8Project Description: Bharat PetroResources Limited's RFQs for the hiring of a consultant for the Bakhri Tibba oil field in Rajasthan, have been delayed on account of some internal issues. Furthermore, the RFQs for the hiring of integrated drilling services for the project will be initiated at a later stage. In the meanwhile, the company is still waiting for the PML block validity extension from the ministry's end. As of now the PML validity of both the blocks is set to expire by January 2021. 
8Project Event: RFQ for the hiring of a PFR Consultant is expected by Q3 2019
RFQ for the hiring of rigs and other oilfield services is expected by Q1 2020.
8Expenditure Approval: Q2/2018
8RFQ Date: Q3/2019
8Release Date: Q3/2019
8Start Date: Q2/2020
8Completion Date: Q4/2021
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