Current Affairs - State - Discussion

Oil and Natural Gas Corporation (ONGC) will begin its operations in Nagayalanka block in Krishna District of Andra Pradesh. This will be inaugurated by ONGC CMD Mr. Shashi Shankerin the site near the Bhavadevarapalli Village. This Early production System (EPS)will cost Rs. 6804 crore. For environmental protection an amount of Rs. 340 crore has been spent. The ONGC initially targeted developing of three wells and one EPS, whose handling capacity is drilling of 379 cum/per dayof crude oil and 0.145 Million Standard cubic feet of gas per day.