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Battles over CBM block: GEECL still confident coming through
Sep 20: A bruising arbitration battle with the government and a resolute local agitation has stymied efforts by Great Eastern Energy Corporation Limited's plans to develop the G-CBM- 2008/IV block in Thiruvarur & Thanjavur Districts of Tamil Nadu
Here are some timelines which can be expected
8Project Cost: Rs 1000 crore
8Project Description: Drilling rigs required for this project will be hired on EPC basis. The equipment required for the project includes Hydro Fracturing services, CBM Well completion, Artificial Lifting, Cementing Services and Mud Engineering Services.
8Project Event: RFQ for the hiring of Drilling Services is expected by Q2 2019.
RFQ for the hiring of equipment is expected by Q2 2019.
8Expenditure Approval: Q3/2011
8RFQ Date: Q2/2019
8Release Date: Q2/2019
8Start Date: Feb/2020
8Completion Date: Dec/2022
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