SCCL advised to bid for 19 billion metres of Coal Bed Methane 
News Updates

SCCL advised to bid for 19 billion metres of Coal Bed Methane

SCCL is likely to get an opportunity to explore Coal Bed Methane gas resources present in coal seams, official sources said on Friday

PSU Watch Bureau

New Delhi: The Singareni Collieries Company Limited (SCCL), with over 13 decades of extensive experience in coal exploration, is likely to get an opportunity to explore Coal Bed Methane gas resources present in coal seams, official sources said on Friday.

PSU Watch is now on Whatsapp Channels. Click here to join

Senior officials of the Union Ministry of Petroleum and Natural Gas met the Chairman and Managing Director of SCCL, Buddhaprakash Jyoti, here and advised the company to participate in the exploration auction of three major blocks identified in the Singareni region, an official release said.

They informed that several blocks have been identified across various states in the country for the production of Coal Bed Methane (CBM), including the Pranahita–Godavari Valley region in Telangana.

The Ministry of Petroleum and Natural Gas will shortly conduct an auction to facilitate exploration activities in these blocks, it said.

It was stated that the total estimated availability of methane gas resources in these three blocks is approximately 19 Billion Cubic Metres, based on preliminary assessments.

The initiative was described as an integral step towards achieving self-reliance in the oil and energy sectors as part of the “Viksit Bharat – 2047” vision, it added.

CMD Buddhaprakash Jyoti told the delegation that, the proposal will be examined and a decision will be taken.

Additional Director General of the Ministry of Petroleum and Natural Gas, Sachiv Kumar, and other officials were present at the meeting.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

OIL records its highest daily oil & gas production in 10 years

Fuel excise cut to cost govt Rs 7,000 crore in a fortnight: CBIC Chairman

NHPC, JKSPDCL sign pact for 500 MW hydropower projects in Jammu & Kashmir

DGCA issues new guidelines for aircraft operators flying VIPs, VVIPs

West Asia crisis: Govt raises commercial LPG allocation to 70%