HomeNewsBusinessONGC to invest Rs 8,110 cr to develop 172 onshore wells in Andhra, gets ‘green nod’ from EAC

ONGC to invest Rs 8,110 cr to develop 172 onshore wells in Andhra, gets ‘green nod’ from EAC

A committee under the Ministry of Environment, Forest and Climate Change has recommended Environmental Clearance for the project in a meeting held last month.

October 06, 2025 / 11:12 IST
Story continues below Advertisement
All the recommendations made in the EIA/EMP in respect of environmental management and risk mitigation measures relating to the project shall be implemented.
All the recommendations made in the EIA/EMP in respect of environmental management and risk mitigation measures relating to the project shall be implemented.

Oil and Natural Gas Corporation Limited (ONGC) is set to invest Rs 8,110 crore for onshore development and production of oil and gas from 172 wells in eight PML (production mining license) blocks in Andhra Pradesh.

A committee under the Ministry of Environment, Forest and Climate Change has recommended Environmental Clearance for the project in a meeting held last month.

Story continues below Advertisement

“The estimated project cost is Rs 8,110 crore. Capital cost of EMP (Environment Management Plan) would be Rs. 172 crore and recurring cost for EMP would be Rs. 91.16 Crores per annum. Industry proposes to allocate Rs. 11 crores for commitments made in Public Hearing,” the Expert Appraisal Committee said in the minutes of the meeting.

While recommending the EC, the committee directed the ONGC to comply with all the environmental protection measures and safeguards proposed in the documents submitted to the Ministry.