15th October, 2003
Ministry of Petroleum & Natual Gas  


14 BIDS RECEIVED FOR 8 CBM-II BLOCKS


Ministry of Petroleum & Natural Gas and Ministry of Coal jointly announced here today that 14 bids for 8 blocks have been received under the second round of the Coal Bed Methane Policy (CBM-II) by the bid closing date of 15/10/2003. The blocks which have attracted bids are - 2 blocks in Jharkhand, 2 blocks in Rajasthan, 1 block each in Chattishgarh (partially in Madhya Pradesh), Gujarat, Madhya Pradesh and Maharashtra. One block located in Andhra Pradesh did not attract any bid. Four blocks attracted multiple bids, whereas other 4 blocks attracted single bid.

The companies, which have bid either alone or as a consortium include the National Oil Companies (NOCs) namely Oil & Natural Gas Corporation Limited (ONGC) and GAIL India Limited (GAIL), the Central Public Sector Undertaking (PSU) Coal India Limited (CIL), Gujarat State Government company – Gujarat State Petroleum Corporation Limited (GSPCL), Indian Private companies – Reliance Industries Limited (RIL), Great Eastern Energy Corporation Limited (GEECL), Mudra Ispat Limited and 1 foreign company namely Tri-star India Trading Company Limited (a wholly owned subsidiary of Tri-star Petroleum Company, USA), USA.

The bids for CBM exploration and production in India for 9 Blocks were invited on 23rd May, 2003 with the bid closing date of 15th October, 2003.

Several companies had visited and reviewed the data packages for the 9 blocks on offer. Seven companies reviewed data at New Delhi, whereas 17 companies reviewed data at Houston, USA. A total 14 data packages for 8 CBM blocks amounting to Rs. 2.04 crore were sold.

The evaluation of the bids for CBM-II would be undertaken in a time bound manner and it is expected that the blocks would be awarded in about 3 months time and the contracts would be concluded within 1 month thereafter.

Bid Opening Date : 15/10/03

Details of the bids received under the Second Round of Coal Bed Methane Policy (CBM-II)

S. No.

Block Name

Coalfield

State (Districts)

Area (Sq.Km.)

Estimated CBM Resource Potential (Bill.Cub.Mtr.)

Name of Bidders

1

SH(North)-CBM-2003/II

Sonhat

Chhattisgarh (Korea) & Madhya Pradesh (Shadol)

825

33.89

1. ONGC

2. RIL

2

BS(3)-CBM-2003/II

Barmer-Sanchor

Gujarat (Banaskantha)

790

87.20

1. ONGC-GSPCL

2. RIL

3

SK-CBM-2003/II

South Karanpura

Jharkhand (Hazaribagh)

70

30.45

1. ONGC

2. GAIL-CIL

3. GEECL

4. Mudra Ispat -Tristar

4

NK(West)-CBM-2003/II

North Karanpura

Jharkhand (Chatra, Latehar, Ranchi)

267

43.56

1. ONGC

2. GAIL-CIL

5

ST-CBM-2003/II

Satpura

Madhya Pradesh (Chindwara, Betul)

714

29.32

1. ONGC

6

WD-CBM-2003/II

Wardha

Maharashtra (Chandrapur)

503

19.9

1. ONGC

7

BS(1)-CBM-2003/II

Barmer

Rajasthan (Jalore, Barmer)

1045

95.10

1. RIL

8

BS(2)-CBM-2003/II

Barmer

Rajasthan (Jalore, Barmer)

1020

87.72

1. RIL

9

GV(North)-CBM-2003/II

Godavari

Andhra Pradesh (Adilabad, Karimnagar, Khammam)

386

29.65

No bid received