ONGC exploring option of hiring unutilised RIL infra
13 March 2013 6:04 AM IST
State-owned Oil & Natural Gas Corp (ONGC) is exploring option to hire Reliance Industries' unutilised production facilities on the east to quickly bring to production its gas finds in the Krishna Godavari basin.
ONGC 'is evaluating various short-term and long-term options, including sharing of infrastructure with RIL,' Oil Minister M Veerappa Moily said in a written reply to a question in the Rajya Sabha.
The company, he said, has discovered several hydrocarbon fields in different offshore and onshore areas of east coast of KG basin.
'A team of ONGC officers has been constituted to carry out technical feasibility studies on development of some of these fields so as to reduce cost of development and early monetisation,' he said. 'The studies are at preliminary stage.'
ONGC has made nine gas discoveries in its KG block KG-DWN-98/2, which sits next to RIL's flagging KG-DWN-98/3 or KG-D6 block. The state-owned firm plans to club these finds with discoveries in another neighbouring block to begin gas production from 2016-17.
But instead of putting separate gas processing and transportation facilities, ONGC is looking to hire RIL's under-utilised gas gathering station at KG-D6 fields along with pipelines that take the fuel to onland as also its processing plant at Kakinada in Andhra Pradesh.
RIL has pipeline and other offshore and onshore facilities capable of handling gas output of 80 million standard cubic meters per day. It is however producing just around 17 mmscmd from the KG-D6 lock which is way below the peak production of 69 mmscmd reached in March 2010.
RIL has indicated that KG-D6 production may never touch 80 mmsmcd due to unexpected geological complexities.
ONGC has found 4.85 trillion cubic feet of gas reserves in nine gas discoveries it has made in the Krishna-Godavari basin block KG-DWN-98/2.
The block is targeted for production by 2016-17 and a peak production of 22 mmscmd is envisaged, a company official said.
Gas from these is proposed to be produced by combining them with a gas discovery in the adjacent block, he said.
G-4 gas discovery in a neighbouring block is planned to be developed along with finds in the Northern Discovery Area of KG-DWN-98/2.
The Northern Discovery Area (NDA) consists of the Padmawati, Kanakadurga, Annapurna, D/KT, U, A, W and E gas finds in in water depths ranging from 594 metres to 1,283 m.
The Southern Discovery Area consisting of the UD-1 discovery falls in ultra-deepwater with a depth of 2,841 metre.
WELSPUN ENERGY COMMISSIONS ASIA’S LARGEST SOLAR PROJECT
Welspun Energy on tuesday said that it has commissioned Asia's largest solar power project in Rajasthan ahead of schedule.
India's biggest developer of solar projects commissioned 50-megawatt solar power plant at Jodhpur district.
Welspun, which had earlier this year started a 15 MW unit at the site, has now commissioned two more units of 15 MW and 20 MW solar generator, the company said in a statement.
The 'utility-scale solar project' was commissioned 'in an astounding five months; well ahead of schedule, creating a new benchmark for the industry,' it said.
'Welspun Energy is committed to supplying clean energy to power India's growth. This 50 MW solar project is an achievement for us,' said Vineet Mittal, co-founder & Managing Director Welspun Energy Ltd.
This is the largest solar project to be developed by Welspun Energy till date and is also the largest PV power plant in India.
The entire 50 MW solar project, located near Phalodi, Jodhpur District was developed in three phases of 15 MW, 15 MW and 20 MW. The PV project will generate total electricity of 90 million kWh or units annually and supply clean energy to power 25 million families.
With the commissioning of this project, an estimated 83,220 million tonnes of carbon dioxide emissions will be mitigated each year.
ONGC 'is evaluating various short-term and long-term options, including sharing of infrastructure with RIL,' Oil Minister M Veerappa Moily said in a written reply to a question in the Rajya Sabha.
The company, he said, has discovered several hydrocarbon fields in different offshore and onshore areas of east coast of KG basin.
'A team of ONGC officers has been constituted to carry out technical feasibility studies on development of some of these fields so as to reduce cost of development and early monetisation,' he said. 'The studies are at preliminary stage.'
ONGC has made nine gas discoveries in its KG block KG-DWN-98/2, which sits next to RIL's flagging KG-DWN-98/3 or KG-D6 block. The state-owned firm plans to club these finds with discoveries in another neighbouring block to begin gas production from 2016-17.
But instead of putting separate gas processing and transportation facilities, ONGC is looking to hire RIL's under-utilised gas gathering station at KG-D6 fields along with pipelines that take the fuel to onland as also its processing plant at Kakinada in Andhra Pradesh.
RIL has pipeline and other offshore and onshore facilities capable of handling gas output of 80 million standard cubic meters per day. It is however producing just around 17 mmscmd from the KG-D6 lock which is way below the peak production of 69 mmscmd reached in March 2010.
RIL has indicated that KG-D6 production may never touch 80 mmsmcd due to unexpected geological complexities.
ONGC has found 4.85 trillion cubic feet of gas reserves in nine gas discoveries it has made in the Krishna-Godavari basin block KG-DWN-98/2.
The block is targeted for production by 2016-17 and a peak production of 22 mmscmd is envisaged, a company official said.
Gas from these is proposed to be produced by combining them with a gas discovery in the adjacent block, he said.
G-4 gas discovery in a neighbouring block is planned to be developed along with finds in the Northern Discovery Area of KG-DWN-98/2.
The Northern Discovery Area (NDA) consists of the Padmawati, Kanakadurga, Annapurna, D/KT, U, A, W and E gas finds in in water depths ranging from 594 metres to 1,283 m.
The Southern Discovery Area consisting of the UD-1 discovery falls in ultra-deepwater with a depth of 2,841 metre.
WELSPUN ENERGY COMMISSIONS ASIA’S LARGEST SOLAR PROJECT
Welspun Energy on tuesday said that it has commissioned Asia's largest solar power project in Rajasthan ahead of schedule.
India's biggest developer of solar projects commissioned 50-megawatt solar power plant at Jodhpur district.
Welspun, which had earlier this year started a 15 MW unit at the site, has now commissioned two more units of 15 MW and 20 MW solar generator, the company said in a statement.
The 'utility-scale solar project' was commissioned 'in an astounding five months; well ahead of schedule, creating a new benchmark for the industry,' it said.
'Welspun Energy is committed to supplying clean energy to power India's growth. This 50 MW solar project is an achievement for us,' said Vineet Mittal, co-founder & Managing Director Welspun Energy Ltd.
This is the largest solar project to be developed by Welspun Energy till date and is also the largest PV power plant in India.
The entire 50 MW solar project, located near Phalodi, Jodhpur District was developed in three phases of 15 MW, 15 MW and 20 MW. The PV project will generate total electricity of 90 million kWh or units annually and supply clean energy to power 25 million families.
With the commissioning of this project, an estimated 83,220 million tonnes of carbon dioxide emissions will be mitigated each year.
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