ONGC's Mega Investment for Oil and Gas Expansion in Andhra Pradesh

ONGC plans a substantial investment of Rs 8,110 crore for developing 172 wells in eight petroleum mining lease blocks in Andhra Pradesh. The Ministry of Environment has recommended clearance, with strict adherence to environmental guidelines. The project promises rigorous environmental and safety measures to protect sensitive areas.

The Oil and Natural Gas Corporation Limited (ONGC) is advancing with a significant investment of Rs 8,110 crore dedicated to the onshore development of oil and gas resources. This initiative involves operations across 172 wells within eight petroleum mining lease (PML) blocks located in Andhra Pradesh.

The Ministry of Environment, Forest and Climate Change's expert committee has endorsed the Environmental Clearance for the project following a recent substantial review session. Documents submitted emphasize rigorous compliance with environmental protection protocols.

Allocated funds include Rs 172 crore for the Environment Management Plan (EMP) and recurring costs of Rs 91.16 crore annually. Importantly, the Expert Appraisal Committee emphasized commitments to public concerns and ensured no drilling within 10 km of the Coringa Wildlife Sanctuary, aligning with ecological safeguarding mandates.