Expression of Interest for Augmenting Gas Production For Aatmanirbhar Bharat
Sale of Natural Gas from Oil & Gas Fields in Rajasthan Vedanta Ltd. is the world’s 6th largest diversified natural resources conglomerate with business operations in India, South Africa, Namibia and Australia. It is a leading producer of Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, Aluminium & Power.
Vedanta contributes 1% towards India’s GDP, as per IFC. We are investing $9 Bn in capital projects over the next 2 – 3 years to double our revenues from current levels of $15 Bn. Cairn Oil & Gas, Vedanta Ltd., is India’s largest private oil and gas exploration and production company having current interest in 58 blocks. It accounts for more than a quarter of India’s domestic crude oil production and has a growing portfolio of natural gas business. Cairn, along with Joint Venture (JV) partners, produces approximately 3.5 mmscmd of natural gas in Rajasthan, which is currently being ramped-up to more than 5 mmscmd.
The company invites Expression Of Interest (EOI) from interested parties with proven capabilities and demonstrated presence in the natural gas business to participate in the national competitive e-auction process for the purchase of natural gas produced from our flagship block in Barmer, Rajasthan. Indicative details of the gas offered are as below: Block Name - RJ-ON-90/1 | Gas Quantity - 4.5 mmscmd GCV (Kcal/scm) - 10,500 | Duration - 2 years Delivery Point - Raageshwari Gas Terminal, Barmer, Rajasthan M/s Mjunction Services Limited has been appointed as an independent agency to conduct the e-auction.
All the interested parties are requested to download the Request For Proposal document no. RFP/RJ-ON90/1/2021/1 from https://eps.buyjunction.in/gas bidding and register on the link for participating in the eauction.
In case of any queries, please contact cairngasbidding@mjunction.in
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