The Expert Appraisal Committee (EAC) under the Ministry of Environment, Forest and Climate Change, has given the green signal to State-owned ONGC limited for Additional Development Drilling of 72 wells in the Krishna-Godavari basin.
The Oil and natural gas PSU submitted a proposal to the Environment Ministry for environmental clearance (EC) to the project, related to the additional Development Drilling of 72 wells in East Godavari, West Godavari and Krishna districts of Andhra Pradesh, with an investment outlay of Rs 792 crore.
“The EAC, after deliberations, recommended the project for grant of environmental clearance, subject to compliance of terms and conditions as under,” the EAC said in the minutes of meeting held on August 30.
The standard Terms of Reference for the project was granted on January 29, 2016.