ONGC to start CBM extraction from next year

Bokaro, Jharkhand, Apr 2 (UNI) Oil and Natural Gas Corporation (ONGC) will start extracting Coal-Bed Mithane (CBM) in Parvatpur village of this district from next year.

Talking to mediapersons here today ONGC Chairman Subir Raha said during a decade long survey a huge quantity of CBM had been detected in Parvatpur where the company was building a gas plant with an investment of Rs 900 crore.

''We have already invested Rs 150 crore in the project and the company would start extracting gas from next year.'' UNI XC-RAJ SCS JYN KLC2015