DGH to invite bids for seven CBM blocks under fifth round of auction
Although the DGH made huge projections regarding CBM production in the country, the rate of success has been far from satisfactory.
The DGH has already awarded 1.8 trillion cubic metres (tcm) of CBM reserves for exploration and extraction of the 4.4 tcm of identified reserves. However, CMPDI has pointed out that the DGH figure was inflated and the actual identified reserve was 3.4 tcm. CMPDI has tested 75 bore holes across the country to come to the number, the DGH official said.
The DGH offered 8 blocks in the first round, 9 in the second round, 10 in the third round and 7 in the fourth round. CMPDI chairman and managing director AK Debnath said coal can be mined from the CBM blocks offered in the first round only after 2036.
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