+
ONGC Plans Rs 46.06 Billion Andhra Gas Development Project
OIL & GAS

ONGC Plans Rs 46.06 Billion Andhra Gas Development Project

Oil and Natural Gas Corporation Limited (ONGC) will invest over Rs 46.06 billion to drill 10 development wells, build two unmanned platforms, lay an offshore pipeline, and establish an onshore gas processing facility in Konaseema district, Andhra Pradesh.
According to minutes from the Ministry of Environment and Forests’ Expert Appraisal Committee (EAC) meeting on 24 July, ONGC has sought fresh environmental clearance for the project. The plan covers offshore oil and gas contract areas KG/OSDSF/CHANDRIKA/2021 (Chandrika), spanning 697 sq km, and KG/OSDSF/GS49/2021 (GS49), covering 148 sq km, both awarded under the Discovered Small Field-III (DSF-III) round in September 2022.
The proposed installations will require 26.3 hectares at the Odalarevu Terminal site, with a greenbelt planned over 8.7 hectares—33 per cent of the total project area. The Environmental Management Plan (EMP) has a capital cost of Rs 140 million and a recurring annual cost of Rs 30 million, while Rs 140 million is allocated for the Extended EMP under Corporate Environment Responsibility.
Development wells are drilled in proven fields to extract oil or gas after exploration confirms commercially viable reserves. The project is expected to generate 150 direct and 310 indirect jobs.
The proposal was first reviewed by the EAC in February this year but deferred pending additional details. In its latest meeting, the committee again deferred approval, requesting further information, including a comprehensive biodiversity assessment and an environmental restoration action plan with dedicated funding.

Oil and Natural Gas Corporation Limited (ONGC) will invest over Rs 46.06 billion to drill 10 development wells, build two unmanned platforms, lay an offshore pipeline, and establish an onshore gas processing facility in Konaseema district, Andhra Pradesh.According to minutes from the Ministry of Environment and Forests’ Expert Appraisal Committee (EAC) meeting on 24 July, ONGC has sought fresh environmental clearance for the project. The plan covers offshore oil and gas contract areas KG/OSDSF/CHANDRIKA/2021 (Chandrika), spanning 697 sq km, and KG/OSDSF/GS49/2021 (GS49), covering 148 sq km, both awarded under the Discovered Small Field-III (DSF-III) round in September 2022.The proposed installations will require 26.3 hectares at the Odalarevu Terminal site, with a greenbelt planned over 8.7 hectares—33 per cent of the total project area. The Environmental Management Plan (EMP) has a capital cost of Rs 140 million and a recurring annual cost of Rs 30 million, while Rs 140 million is allocated for the Extended EMP under Corporate Environment Responsibility.Development wells are drilled in proven fields to extract oil or gas after exploration confirms commercially viable reserves. The project is expected to generate 150 direct and 310 indirect jobs.The proposal was first reviewed by the EAC in February this year but deferred pending additional details. In its latest meeting, the committee again deferred approval, requesting further information, including a comprehensive biodiversity assessment and an environmental restoration action plan with dedicated funding.

Related Stories

Gold Stories

Next Story
Real Estate

Peninsula Land launches 19 luxury villas in Pune

Pune’s residential landscape is witnessing a shift as premium homebuyers increasingly seek larger spaces, privacy and independent living options beyond high-rise apartments. Addressing this demand, Peninsula Land Limited, part of the Ashok Piramal Group, has launched AshokVillas, an exclusive collection of 19 premium furnished villas in Gahunje, Pune.The development combines the independence of a standalone home with the convenience and security of a managed residential community. Designed around low-density horizontal living, AshokVillas offers residents private spaces while providing acces..

Next Story
Infrastructure Urban

MyBranch Expands South India Network with 16 Workspace Centres

MyBranch has expanded its South India presence with a 50,000 sq ft flexible workspace network comprising 16 centres across 14 cities in Andhra Pradesh, Karnataka, Tamil Nadu and Telangana.The expansion reflects growing demand for flexible office infrastructure as businesses establish regional teams, satellite offices and operations beyond traditional metropolitan markets. MyBranch’s network spans Bengaluru, Coimbatore, Guntur, Hanamkonda, Hubballi, Hyderabad, Madurai, Mangaluru, Rajahmundry, Salem, Tirupati, Vellore, Vijayawada and Visakhapatnam, with a large office space in Chennai also und..

Next Story
Building Material

Walplast Launches Moisture-Resistant Gypsum Plaster Solutions

Walplast Products Pvt. Ltd. has expanded its HomeSure GypEx portfolio with the launch of GypEx MoistShield and GypEx Gold, two gypsum plaster solutions designed to address moisture-prone applications and improve plastering efficiency.The new products have been developed in response to the growing demand for faster construction processes, improved material performance and consistent surface quality. The solutions aim to simplify interior plastering while addressing specific application requirements across construction environments.“Through HomeSure GypEx MoistShield and GypEx Gold, we are exp..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code