Mr. Prashant Modi led GEECL’s Mannargudi CBM Block


Posted June 28, 2013 by prashant_modi

Great Eastern Energy Corporation Limited, led by Mr. Prashant Modi, has plans to develop the Mannargudi CBM block with the best production plan and execution for natural gas.

 
Great Eastern Energy Corporation Limited, led by Mr. Prashant Modi, has plans to develop the Mannargudi CBM block with the best production plan and execution for natural gas. The Mannargudi Block covers an effective area of 667 sq. km. and is located in the southern part of the country.


Under the leadership of Mr. Prashant Modi, the company signed a CBM contract for the Mannargudi Block with the Government of India on 29 July 2010, and has signed the Petroleum Exploration License with the Government of Tamil Nadu.


Accrediting the efforts and dedication of Mr. Prashant Modi and the employees of GEECL, the Company has received Environment Clearance and final approval is expected from the Government of Tamil Nadu.


Work will start soon after receipt of requisite approvals which will consist of 30 pilot production wells and 50 core holes.
Recently, the leading firm in the field of CBM in India announced its annual results, marking an increase of 23% in its revenue. It has grown exponentially in its sales, marketing and distribution initiatives. SinceMay 2012 additional contracts were signed for 2.84 mmscfd. In total, GEECL has 40.37 mmscfd of gas under contract / MOU. This represents an increase of 8% over the year.


Mr. Prashant Modi is the President and Chief Operating Officer at Great Eastern, the company that is well placed to supply gas in and around highly industrialised region of Asansol-Raniganj-Durgapur.
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Issued By Prashant Modi
Country India
Categories Business
Tags geecl , great eastern energy corporation limited , prashant modi
Last Updated June 28, 2013