Oil and Pure Fuel Company Restricted (ONGC), on 6 October, plans to speculate Rs 8,110 crore within the onshore improvement and manufacturing of oil and gasoline from 172 wells in eight PML (manufacturing mining license) blocks in Andhra Pradesh.
A fee from the Ministry of Setting, Forest, and Local weather Change permitted Environmental Clearance for the challenge at a gathering final month.
The Professional Appraisal Committee stated within the minutes of the assembly, “The estimated challenge value is Rs 8,110 crore. Capital value of EMP (Setting Administration Plan) could be Rs 172 crore and recurring value for EMP could be Rs 91.16 Crores every year. Business proposes to allocate Rs 11 crores for commitments made in Public Listening to.”
Whereas recommending the EC, the committee instructed the ONGC to observe all environmental safety measures and safeguards specified within the paperwork offered to the Ministry.
All suggestions offered within the EIA/EMP on environmental administration and threat mitigation measures associated to the challenge should be adopted.
It additionally acknowledged that, as promised, no wells could be constructed inside 10 kilometres of the eco-sensitive space of the Coringa Wildlife Sanctuary, as per the NOC issued in Might of this yr, and that no pipelines or their components could be laid in Forest land/Protected Space with out prior permission/approval from the competent authority.
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