Reliance Industries to invest Rs 1,000 cr to stem coal bed methane output fall
21 Aug 2024
Reliance Industries
(RIL) plans to invest more than ₹1,000 crore to enhance production from its
coal bed methane (CBM) blocks in Sohagpur, Madhya Pradesh. Facing a decline in
CBM output, RIL aims to increase production to 1 million standard cubic meters
per day within three years by drilling new wells.
"RIL is seeing a decline in its CBM production and will be drilling multiple new wells to up production target to 1 million standard cubic meters (mscmd) per day over the next three years," said an industry official aware of the