Government has extended the deadline for oil block bids to January 31
OIL & GAS

Government has extended the deadline for oil block bids to January 31

The government has extended the deadline for submitting bids in the eighth exploration licensing round yet again.

The deadline has been pushed back from December 30 to January 31, according to the Directorate General of Hydrocarbons (DGH) on its website.

On July 7, the government launched the eighth round of bidding under the open acreage licensing policy (OALP), with the original bid submission deadline of September 6.

Due to a lack of investor interest, the DGH has frequently extended timelines in this and previous rounds.

Ten oil and gas blocks have been offered in the eighth round. 134 blocks have been awarded in the first seven rounds.

Also read:
Petronet LNG to set up floating LNG terminal at Gopalpur
ONGC to drill seven development wells in Bengal


Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The government has extended the deadline for submitting bids in the eighth exploration licensing round yet again. The deadline has been pushed back from December 30 to January 31, according to the Directorate General of Hydrocarbons (DGH) on its website. On July 7, the government launched the eighth round of bidding under the open acreage licensing policy (OALP), with the original bid submission deadline of September 6. Due to a lack of investor interest, the DGH has frequently extended timelines in this and previous rounds. Ten oil and gas blocks have been offered in the eighth round. 134 blocks have been awarded in the first seven rounds. Also read: Petronet LNG to set up floating LNG terminal at Gopalpur ONGC to drill seven development wells in Bengal

Next Story
Infrastructure Transport

Anji Khad Bridge, India's First Cable-Stayed Rail Bridge Ready in J&K

Indian Railways has completed the Anji Khad Bridge, India’s first cable-stayed rail bridge, located in the Reasi district of Jammu and Kashmir. A critical component of the ambitious Udhampur-Srinagar-Baramulla Rail Link (USBRL) Project, this engineering marvel connects Katra and Reasi, promising enhanced regional connectivity and economic growth.Spanning 725.5 metres, the bridge features a 193-metre-tall main pylon, soaring 331 metres above the riverbed. Its design allows it to withstand wind speeds of up to 213 km/h and safely support train operations at speeds of 100 km/h.Constructed in th..

Next Story
Infrastructure Urban

Exporters Raise Logistics Costs Concerns with Piyush Goyal

Exporters and freight agencies have voiced concerns over high terminal handling charges at ports and the underutilisation of dry ports, adding to India’s overall logistics costs. During a meeting with Commerce and Industry Minister Piyush Goyal, they highlighted that the fees charged by shipping terminals for container storage and positioning before loading exceed port charges by Rs 10,000-15,000 per consignment. The discussion focused on logistics and shipping challenges, with the government actively working to reduce costs across the supply chain, according to an official. India is targe..

Next Story
Infrastructure Transport

Government to Revamp UDAN Scheme with Focus on Airport Readiness

The Indian government is set to revamp its regional air connectivity scheme, UDAN (Ude Desh ka Aam Nagrik), by prioritising airport readiness before inviting airlines to bid for operating routes. Financial support for the development of unserved airports and airstrips across the country is expected to be a key focus in the upcoming budget, along with stricter assessments of route feasibility, according to sources. Launched in 2017 to boost air travel in the world’s fastest-growing aviation market, the UDAN scheme caps airfares and provides subsidies to airlines for operating on less frequen..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000