Cairn India Limited approached the ministry of environment forest and climate change seeking necessary clearances for the proposed project. Photo: MintHyderabad: Cairn India Limited, along with its partners is set to invest Rs3,240 crore in the Ravva Fields in the Krishna-Godavari Basin, to undertake 20 Developmental Wells and for setting up related infrastructure, as the oil and gas production is dwindling from the existing wells. Cairn India Limited approached the ministry of environment forest and climate change seeking necessary clearances for the proposed project. Cairn India officials did not respond to mail seeking additional information. The Ravva field (PKGM-1 Block) located in the shallow offshore area of Krishna Godavari Basin, has completed 21 years of successful operations with ,Cairn India as the operator with 22.5% participating Interest.

Source: Mint April 16, 2017 07:30 UTC