Special CBM Bid Round-2021

Government announces the offer of 15 CBM Blocks under Open Acreage Licensing Policy ("OALP") through International Competitive Bidding ("ICB").

Salient Features of Special CBM Bid Round-2021
  • Prior experience in Oil and Gas sector is NOT mandatory.
  • All Blocks are in Category-III basin i.e. no revenue sharing till windfall gain.
  • Single state carving out of block for administrative ease (each block falls within one state only).
  • Single License for Conventional & Un-conventional Hydrocarbons.
  • Full Marketing and Pricing Freedom for Gas produced.
  • Exploration allowed during entire contract period.
  • No overlap of CBM Blocks with existing/proposed Coal Blocks/mines.
  • 100% participation from foreign companies/Joint ventures.
  • Availability of infrastructure through M/s. GAIL operated Pradhan Mantri Urja Ganga in different states of India.

Notice Inviting Offer (NIO) Model Revenue Sharing Contract (MRSC) Special CBM Bid Round-2021 Brochure Geoscientific Information
22th September, 2021

Launch of bid round

28th January, 2022

Pre-Bid Conference

06th April, 2022

Investors' Meet

15th April, 2022

Bid submission starts

31st May, 2022

Bid submission closing