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Oil and Natural Gas Corporation Ltd (ONGC) has tested the first deep-water well at its largest block in the Krishna Godavari basin.

India’s Current stand on Clean Energy

  • India’s emerging green economy is reordering the country’s energy mix to meet its global climate change commitments.
  • These sources include a combination of solar, wind, ultra-supercritical coal fuelled projects, gas based plants and nuclear power projects.
  • India is running what will become the world’s largest clean energy programme with the aim of achieving 175 gigawatts (GW) of clean energy capacity by 2022.
  • Given the country’s ambitious green energy programme based on infirm sources such as wind and solar, its gas-based power generation capacity can be leveraged for providing grid stability and be the intermediary fuel for India’s energy transition.
  • India, the world’s fourth-largest importer of liquefied natural gas (LNG), is expanding its portfolio with domestic companies having inked long-term LNG contracts
  • Krishna-Godavari Block
    Krishna Godavari Basin is a peri-cratonic passive margin basin in India.
  • It is spread across more than 50,000 square kilometres in the Krishna River and Godavari River basins in Andhra Pradesh.
  • Krishna-Godavari inland and offshore basins have good prospects of tight oil and tight gas reserves from the conducted field studies.
  • Most of the conventional wells drilled and operated have a shorter lifespan than envisaged life and with erratic production.
  • This may be due to drilling of conventional wells in tight oil and gas fields without horizontal drilling in the shale rock formations and hydraulic fracturing.
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