Oil and Natural Gas Corporation Limited (ONGC) is about to invest ₹8,110 crore for onshore improvement and manufacturing of oil and gasoline from 172 wells in eight PML (petroleum mining lease) blocks in Andhra Pradesh.
A committee beneath the Ministry of Environment, Forest and Climate Change has beneficial Environmental Clearance for the venture in a gathering held final month.
“The estimated project cost is ₹8110 crore. Capital cost of EMP (Environment Management Plan) would be Rs. 172 crore and recurring cost for EMP would be ₹91.16 Crores per annum. Industry proposes to allocate Rs. 11 crores for commitments made in Public Hearing,” Expert Appraisal Committee stated in the minutes of the assembly.
While recommending the EC, the committee directed the ONGC to adjust to all of the environmental safety measures and safeguards proposed in the paperwork submitted to the Ministry.
All the suggestions made in the EIA/EMP in respect of environmental administration, and threat mitigation measures relating to the venture shall be applied.
It additional stated, as dedicated, no properly can be arrange inside 10 km from the eco-sensitive space of Coringa Wildlife sanctuary as per the NOC issued in May this 12 months, and no pipelines or its half shall be laid in the Forest land/Protected Area with out prior permission/approval from the Competent Authority.
