EC Compliance Report: Oil Production from Ravva Off-Shore Field In
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Cairn India Limited
RED HERRING PROSPECTUS Please read Section 60B of the Companies Act, 1956 Dated 27 November, 2006 100% Book Built Issue CAIRN INDIA LIMITED (Incorporated as a public limited company under the Companies Act, 1956 on 21 August, 2006) The registered office of the Company was changed from Lentin Chambers, 3rd Floor, Dalal Street, Fort, Mumbai 400 023 to 401 Dalamal Towers, Nariman Point, Mumbai 400 021, India, its current registered office on 12 October, 2006 Tel: +(91) (22) 2287 2001; Fax: +91 (22) 2287 2002 Principal Business Office: 3rd and 4th Floor, Orchid Plaza, Suncity, Sector 54, Gurgaon, 122 002 Tel: +(91) (124) 414 1360; Fax: +(91) (124) 288 9320; Website: www.cairnindia.com Contact Person: Preeti Chheda; E-mail: [email protected] PUBLIC ISSUE OF 328,799,675 EQUITY SHARES OF RS. 10 EACH (‘‘EQUITY SHARES’’) FOR CASH AT A PRICE OF RS. [ɀ] PER EQUITY SHARE OF CAIRN INDIA LIMITED (THE ‘‘COMPANY’’) AGGREGATING TO RS. [ɀ] (THE ‘‘ISSUE’’). THERE WILL ALSO BE A GREEN SHOE OPTION OF UP TO 49,319,951 EQUITY SHARES FOR CASH AT A PRICE OF RS. [ɀ] PER EQUITY SHARE AGGREGATING TO RS. [ɀ] (THE ‘‘GREEN SHOE OPTION’’). THE ISSUE AND THE GREEN SHOE OPTION, IF EXERCISED IN FULL, WILL AGGREGATE TO 378,119,626 EQUITY SHARES AMOUNTING TO RS. [ɀ]. THE ISSUE WILL CONSTITUTE 18.63% OF THE FULLY DILUTED POST-ISSUE EQUITY SHARE CAPITAL OF THE COMPANY ASSUMING THAT THE GREEN SHOE OPTION IS NOT EXERCISED AND 20.84% ASSUMING THAT THE GREEN SHOE OPTION IS EXERCISED IN FULL. -
Minutes of the 8Th Project Implementation Review Committee
MINUTES OF THE 8TH PROJECT IMPLEMENTATION REVIEW COMMITTEE (PIRC) MEETING FOR CADWM IMPLEMENTATION OF 99 PRIORITIZED IRRIGATION PROJECTS UNDER PMKSY HELD ON 4th MARCH, 2021 1.0 The 8th meeting of the Project Implementation Review Committee (PIRC) for CADWM implementation of 99 prioritized projects was organized over virtual platform on 4th March, 2021 under the Chairmanship of Smt. Debashree Mukherjee, Additional Secretary, DoWR, RD & GR, Ministry of Jal Shakti, Govt. of India. The PIRC meeting which usually would be a two day program consisting of field visit and a review meeting was shortened and the field visit was eliminated due to present COVID scenario. Senior officers from DoWR, RD & GR, Central Water Commission, State Governments and Project Monitoring Unit (PMU) attended the meeting. The list of participants is at Annexure- I and summary record of PIRC decisions and recommendations is given at Annexure-II. Photographs taken during the meeting are at Annexure-III. 2.0 Additional Secretary, DoWR, RD & GR, in her opening remarks to the participants expressed concerns over the slow implementation of the CADWM program. She also emphasized the importance of the Command Area Development Program and further stated that command area development is the keystone for equitable access of water, without which all the investments on the dam & canal network will go in vain. She highlighted two critical aspects for the CADWM implementation, namely: (i) completing the CAD works within stipulated time frame, and (ii) ensuring the sustainable Water User Association (WUAs) that can take on the responsibility for the management of completed CAD assets. She further stressed that WUAs should be involved in the CAD planning right from the inception stage of the program under each project. -
Vedanta Limited and Cairn India Revise Terms for Merger
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION 22 July 2016 VEDANTA LIMITED AND CAIRN INDIA REVISE TERMS FOR MERGER Vedanta Limited, Cairn India Limited (“Cairn India”) and Vedanta Resources plc (“Vedanta plc” together with its subsidiaries, the “Group”), today announce revised and final terms to the recommended merger between Vedanta Limited and Cairn India (the “Transaction”), that was announced on 14 June 2015. Key Highlights o The Boards of Vedanta Limited and Cairn India have today approved revised and final terms for the Transaction, taking into account prevailing market conditions and having regard to underlying commercial factors. o Pursuant to the revised and final terms, each Cairn India minority shareholder will receive for each equity share held: - 1 equity share in Vedanta Limited; and - 4 Redeemable Preference Shares with a face value of INR 10 in Vedanta Limited, with a coupon of 7.5% and tenure of 18 months from issuance. - Implied premium of 20% to one month VWAP of Cairn India share price. o The recent commodity price environment has further strengthened the strategic rationale of the Transaction outlined at the announcement: - Diversified Tier-I portfolio de-risks earnings volatility and drives stable cash flows through the cycle. - Strong historical evidence over the last 10 years, of diversified resources companies generating total shareholder returns superior to single-commodity companies. - Improved ability to allocate capital to the highest return projects across the portfolio. -
SUMMARY of PROJECT – PHASE WISE FSU / FSRU 1. Location : T
SUMMARY OF PROJECT – PHASE WISE FSU / FSRU 1. Location : T. Challapalli, Uppalaguptam Mandal, East Godavari District, Andhra Pradesh, India 2. Capacity Peak For LNG : Phase 1 : 5.5 MMTPA Phase 2 : 5.5 MMTPA For LPG : Phase 1 : 2.0 MMTPA Phase 2 : 2.0 MMTPA 3. Peak Send Out Approx 786 MMSCFD / 22 MMSCMD of each phase. 4. Operating 65- 98 bar(g) Pressure 5. LNG Storage Max 240000 M³ Capacity 6. Regas Open Loop Technology 7. HP Gas Outlet 0 - 50 ° C Temperature 8. Spare Operating + Standby for Critical Equipment Philosophy 9. Flaring Flaring will be done in Emergencies 10. Staff / Crew Operation Phase : 40 Persons for FSU / FSRU on board Composition ISLAND JETTY 1. Location DATUM : WGS-84, ZONE-44, CM-81 WATER DEPTH AT PROPOSED JETTY LOCATION IS APPROX. 8m ID EASTING NORTHING LATITUDE LONGITUDE Land Fall 82°3'45.9478" 613450.36 1819747.51 16°27'23.9686"N Point (LFP) E Proposed 82°3'51.4617" 613615.44 1819452.00 16°27'14.3249"N Jetty Location E 2. Marine Area 35.5 Ha(Approx) 3. Jetty Dimension 300 x 25 m 4.Jetty Height 9.5 m from Chart Datum ( CD) 5. LNG Unloading Ship to Ship transfer using 8 Cryogenic Flexible hoses from LNGC to FSU 6. Land Based 240000 M³ Storage Tanks 7. A. HP Arm 2 No.(for FSRU) B. LP Arm 6 No (for FSU) 8. Power 1000 KVA Requirement 9. Navigation 350 m ( from FSU manifold) Exclusion Zone 10 Safety 500 m ( from FSU manifold) Exclusion Zone 11 Staff Unmanned, controlled from ORF and FSU SUBSEA PIPELINE 1. -
G20 Subsidies to Oil, Gas and Coal Production
G20 subsidies to oil gas and coal production: India Vibhuti Garg and Ken Bossong Argentina Australia Brazil Canada China France Germany India Indonesia Italy Japan Korea (Republic of) Mexico Russia Saudi Arabia This country study is a background paper for the report Empty promises: G20 subsidies South Africa to oil, gas and coal production by Oil Change International (OCI) and the Overseas Turkey Development Institute (ODI). It builds on research completed for an earlier report The fossil United Kingdom fuel bailout: G20 subsidies to oil, gas and coal exploration, published in 2014. United States For the purposes of this country study, production subsidies for fossil fuels include: national subsidies, investment by state-owned enterprises, and public finance.A brief outline of the methodology can be found in this country summary. The full report provides a more detailed discussion of the methodology used for the country studies and sets out the technical and transparency issues linked to the identification of G20 subsidies to oil, gas and coal production. The authors welcome feedback on both this country study and the full report to improve the accuracy and transparency of information on G20 government support to fossil fuel production. A Data Sheet with data sources and further information for India’s production subsidies is available at: http://www.odi.org/publications/10073-g20-subsidies-oil-gas-coal-production-india priceofoil.org Country Study odi.org November 2015 Background remained substantial at $11 billion in 2014–15 (MoPNG, India has substantial fossil fuel reserves, including 61 2015b). Similar consumer subsidies of approximately billion tonnes of coal, 5.7 billion barrels of oil and 1.4 $12 billion in 2012–13 existed in the electricity sector. -
Additional Exploratory Drilling of 13 Wells in KG Basin On-Land PML Acreages of East Godavari District, Andhra Pradesh
Additional Exploratory Drilling of 13 wells in KG Basin on-land PML acreages of East Godavari District, Andhra Pradesh Intensive exploration is being carried out in KG on-land erstwhile PEL-1A and PEL-1B blocks of Krishna Godavari Basin. Based on the hydrocarbon discoveries made so far and the upside hydrocarbon potential in the blocks, they have been converted to PML blocks for periods ranging from 7 to 20 years. The Godavari on-land PML including the smaller ML areas within constitutes erstwhile PEL- 1B Block of the KG On-land Basin with an approximate area of 3090 Sq. Km and is having mining lease period from seven to twenty years. East Godavari district constitutes about 1807 Sq. Km of Godavari on-land PML (including Endamuru, Mandapeta, Mandapeta west, Enugupalli, Manepalli extension, Tatipaka-Pasarlapudi, Adavipalem-Ponmanda, Srikatapalli- Pasarlrapudi-24 & Gopavaram, Mori, Kesavadasupalem and Kesanapalli PML areas). The relentless exploratory inputs expended by ONGC in the acreages falling in West Godavari district lead to a good number of discoveries and leads. Twelve hydrocarbon bearing fields viz. Tatipaka, Pasarlapudi, Srikatapalli Gopavaram, Mori, Kesavadasupalem, Adavipalem, Ponmanda, Mandapeta, Endamuru, Rangapuram and Bhimanapalli were established so far. Carpet 3D seismic survey with improved imaging of the sub-surface has significantly changed the exploration scenario in the block, yielding discovery of Kothalanka, Geddanapalli, Vygreswaram and Mandapeta South oil fields. Based on these leads, exploring Synrift sediments attain significance for further Hydrocarbon exploration and this block has large upside potential. Based on the Geological and Geophysical studies locations are firmed up for exploratory drilling to probe new prospects and also to delineate the existing oil and gas pools of the established fields. -
Reconciling Drainage and Receiving Basin Signatures of the Godavari River System
Biogeosciences, 15, 3357–3375, 2018 https://doi.org/10.5194/bg-15-3357-2018 © Author(s) 2018. This work is distributed under the Creative Commons Attribution 4.0 License. Reconciling drainage and receiving basin signatures of the Godavari River system Muhammed Ojoshogu Usman1, Frédérique Marie Sophie Anne Kirkels2, Huub Michel Zwart2, Sayak Basu3, Camilo Ponton4, Thomas Michael Blattmann1, Michael Ploetze5, Negar Haghipour1,6, Cameron McIntyre1,6,7, Francien Peterse2, Maarten Lupker1, Liviu Giosan8, and Timothy Ian Eglinton1 1Geological Institute, ETH Zürich, Sonneggstrasse 5, 8092 Zürich, Switzerland 2Department of Earth Sciences, Utrecht University, Heidelberglaan 2, 3584 CS Utrecht, the Netherlands 3Department of Earth Sciences, Indian Institute of Science Education and Research Kolkata, 741246 Mohanpur, West Bengal, India 4Division of Geological and Planetary Science, California Institute of Technology, 1200 East California Boulevard, Pasadena, California 91125, USA 5Institute for Geotechnical Engineering, ETH Zürich, Stefano-Franscini-Platz 3, 8093 Zürich, Switzerland 6Laboratory of Ion Beam Physics, ETH Zürich, Otto-Stern-Weg 5, 8093 Zürich, Switzerland 7Scottish Universities Environmental Research Centre AMS Laboratory, Rankine Avenue, East Kilbride, G75 0QF Glasgow, Scotland 8Geology and Geophysics Department, Woods Hole Oceanographic Institution, 86 Water Street, Woods Hole, Massachusetts 02543, USA Correspondence: Muhammed Ojoshogu Usman ([email protected]) Received: 12 January 2018 – Discussion started: 8 February 2018 Revised: 18 May 2018 – Accepted: 24 May 2018 – Published: 7 June 2018 Abstract. The modern-day Godavari River transports large sediment mineralogy, largely driven by provenance, plays an amounts of sediment (170 Tg per year) and terrestrial organic important role in the stabilization of OM during transport carbon (OCterr; 1.5 Tg per year) from peninsular India to the along the river axis, and in the preservation of OM exported Bay of Bengal. -
Running an Oil Company in India by Sastry Karra
RUNNING AN OIL COMPANY IN INDIA BY SASTRY KARRA FROM 1999 – 2009 INTRO 1 INDIA BACKGROUND • POPULATION 1.3 BN • AREA - 3.3 MM SQ KM, A THIRD OF CANADA • 5,000 YEARS (OR MORE) OF HISTORY • YOUNG POPULATION - AVERAGE 24 YEARS OLD • SIZEABLE ILLITERACY AND POVERTY STILL REMAINS • PROBLEMS ARE MYRIAD • MANY CHALLENGES 2 INDIA AND CHINA ACCOUNTED FOR 75% OF WORLD GDP IN THE 15TH CENTURY UNLIKELY THEY WILL REACH BUT ROBUST GROWTH WILL AND INDIA, FOURTH TODAY THIS FIGURE AGAIN PUSH CHINA AS THE NO 1 WILL REACH 3RD POSITION ECONOMY SOON TECHNOLGY BILLION CELL PHONESPACE MOST NUMBER OF CELL PHONES ACHIEVEMENTS IN SPACE MANY FIRSTS JUST LAUNCHED A VESSEL TO MARS 3 FROM OUT-SOURCING AND BACKOFFICE TO INTERNET AND CORPORATE POWER • FINANCIAL ANALYSIS FOR MOST USA, CANADIAN AND EUROPEAN BANKS • A YOUTH FROM HYDERABAD NOW CEO OF MICROSOFT • ANOTHER YOUNG MAN FROM CHENNAI CEO OF GOOGLE • SEVERAL CEOS OF WESTERN BANKS • CEO OF PEPSI • MAJORITY ON THE DIAMOND COUNCIL IN ANTWERP 4 OIL AND GAS SITUATION • ONLY 4% OF WORLD’S SEDIMENTARY BASINS IN INDIA SERVING 18% OF POPULATION • STILL MANY AREAS REMAIN TO BE EXPLORED • YEAR 2002 WAS A GREAT YEAR WITH RELIANCE MAKING BIOGENIC GAS DISCOVERIES IN THE KRISHNA GODAVARI (KG) BASIN DEEP WATER • CAIRN MADE MEGA DISCOVERIES IN RAJASTHAN • CURRENT IMPORTS 4 MMSTB OF OIL PER DAY AND 15 MMT/YR OF LNG • DEMAND SOARING AND DOMESTIC PRODUCTION ON DECLINE 5 FOREIGN OIL COMPANIES IN INDIA • FEW EXPLORATION WELLS DRILLED PRIOR TO THE EIGHTIES WITH NO SUCCESS • EARLY NINETIES SAW THE ENTRY OF CAIRN ENERGY, HARDY OIL, NIKO -
Employment Generation in Post Globalisation Era in Greater Mumbai
EMPLOYMENT GENERATION IN POST GLOBALISATION ERA IN GREATER MUMBAI JUNE 2006 EFI – SOLAR FOUNDATION MUMBAI 1 INDEX EMPLOYMENT GENERATION IN GREATER MUMBAI Chapter Subject Page Nos. Executive summary 3 Chapter – 1 Globalisation and India 14 Chapter – 2 Impact of globalisation on India Economy 16 Chapter – 3 Impact of globalisation on Employment in 21 India Chapter – 4 Mumbai – Economy and employment 24 Chapter – 5 Mumbai under scanner – Scope and 26 coverage of the research Chapter – 6 Research findings in the Financial Sector 34 Chapter – 7 Research findings in the Construction 59 Sector Chapter – 8 Research findings in the Travel & Tourism 81 Sector Chapter – 9 Research findings in the Information 96 Technology Sector Chapter – 10 Research findings in the Telecom Sector 110 Chapter - 11 Research findings in the Courier Sector 123 Chapter - 12 Research findings in the Entertainment 140 Sector Chapter – 13 Research findings in the Retail Sector 166 Chapter – 14 Research findings in the Automobile 186 Sector Chapter - 15 Research findings in the Photocopying 202 Sector Chapter - 16 Vocational training in India – Overview 220 Chapter – 17 Research findings – Vocation Training 225 Chapter – 18 Research recommendations 238 List of Interviewee Annexure – I Questionnaire for Business Units Annexure – II Questionnaire for Vocational training 2 EXECUTIVE SUMMARY MUMBAI – OPPORTUNITIES GALORE Mumbai’s prosperity and employment generating potential attracts migrants from across the country. Once a textile manufacturing hub, the city's socio- economic structure has witnessed a sea change due to a paradigm shift in business activities – a switch from ‘manufacturing activities’ to ‘services’. This has resulted into a dramatic change in employment opportunities and job profiles in virtually every sector. -
Andhra Pradesh
Doing Business with AAnnddhhrraa PPrraaddeesshh The Best Investment Destination Doing Business with Andhra Pradesh Published By: Commissionerate of Industries Government of Andhra Pradesh Chirag Ali Lane, Abids, Hyderabad 500 001. Andhra Pradesh, India. Phone: +91-40-2344 1666, 2344 1601 to 06. Fax: +91-40-2344 1611 e-mail: [email protected] www.apind.gov.in A-201, Secretariat, Hyderabad - 500 022, Andhra Pradesh, India. Phone: +91-40-23453977 Fax: +91-40-23451092 e-mail: [email protected] www.apinvest.co.in and FEDERATION OF INDIAN CHAMBERS OF COMMERCE AND INDUSTRY Andhra Pradesh State Council 8-2-699/1, 3rd Floor, KR Towers, Road # 12,Bajara Hills, Hyderabad 500 034. Andhra Pradesh, India. Phone: +91-40-2339 5275, 2339 5276 Fax: +91-40-2339 5275, 2339 5276 e-mail: [email protected] www.ficci.com C O N T E N T S Geographic Location 5 Andhra Pradesh Advantage 7 Macro Aggregates 13 Resources 17 Infrastructure 27 Manufacturing Sector 59 Growth Sectors 69 Government Policies and Initiatives 107 Project Implementation 123 Key Contacts 131 3 Doing Business with Andhra Pradesh MESSAGE Dr. Y. S. RAJASEKHARA REDDY Chief Minister of Andhra Pradesh I am happy to share with you that with the objective of providing best possible information to the investors, Industries Department and AP Invest has brought out this Booklet 'Doing Business with Andhra Pradesh'. I am sure that the contents of this book will provide incite into congenial industrial climate built in Andhra Pradesh in India. While giving top priority to Agriculture, its allied sectors and Irrigation, the State Government is exploring the possibility of setting up of more and more establishments in Trade, Commerce and Industry to create, employment to youth in particular and the rural population in general. -
Technical Program
TECHNICAL PROGRAM NOVEMBER 2 (TUESDAY), 2015 16:00 - 18:00 Registration Venue: Near Auditorium NOVEMBER 3 (WEDNESDAY), 2015 08:00 -10:00 Hrs - Registration Venue: Near Auditorium 10:00-11:30 Hrs - Inauguration Venue: Auditorium 11:30- 11:35 Hrs - Inauguration of Exhibition Venue: Near Auditorium 11:35-12:00 Hrs - High Tea Venue: Open Ground 12:00-13:10 Hrs - IGU Award Lectures Venue: Auditorium Chair: Prof. Shailesh Nayak Theme Talk by Dr. P.R. Reddy, Editor, Jour. of IGU 20 mins Decennial Award by Prof. S.K. Nath 20 mins Krishnan Medal -I by Dr. Parthasarathi Chakraborty 15 mins Krishnan Medal -II by Dr. M.S. Girish Kumar 15 mins 13:10-14:10 Hrs - Lunch Venue: Open Ground 14:10-15:30 Hrs - Memorial/Endowment Lectures Venue: Auditorium Chair: Prof. Shailesh Nayak Sri LN Kailasam Memorial Lecture by Shri A.K. Dwivedi 16 mins Prince Mukarram Jah Endowment Lecture by Prof. Talat Ahmad 16 mins Dr. H.N. Siddique Memorial Lecture by Dr. M. Sudhakar 16 mins Electrotek & Geometric Endowment Lecture by Prof. A.K. Sinha 16 mins Special Talk by Shri G.C. Katiyar, President, SPG 16 mins 15:30-15:45 Hrs - Tea Break Venue: Open Ground 15:30- 17:00 Hrs - EC Meeting Venue: Conference Room 15:45- 17:20 Hrs - Technical Session 1 Venue: Auditorium YOUNG RESEARCHERS PROGRAM Chair: Prof. V.P. Dimri Co-Chair: Dr. O.P. Pandey 7 Oral Presentations - (7x 13.5 mins) 94.5 mins 1. Tomography of wide-angle seismic data in selected geological terrains of India Damodara Nara*, V. -
Cairn Energy Plc Annual Report & Accounts 2009
CAIRN ENERGY PLC ANNUAL REPORT & ACCOUNTS 2009 WE ARE CAIRN ENERGY, ONE OF EUROPE’S LARGEST INDEPENDENT OIL AND GAS EXPLORATION AND PRODUCTION COMPANIES. WE ARE LISTED ON THE LONDON STOCK EXCHANGE AND BASED IN EDINBURGH. OUR BUSINESS IS DIVIDED INTO TWO KEY UNITS: ONE FOCUSED ON DEVELOPING THE RAJASTHAN RESOURCE BASE; THE OTHER EXPLORING FRONTIER BASINS IN GREENLAND. OVERVIEW 1 Highlights of the Year 4 Who We Are and What We’ve Achieved in 2009 8 Values, Vision and Approach 12 The Rajasthan Development BUSINESS REVIEW 14 Chairman’s Statement 16 Chief Executive’s Review 20 Operational Review 28 Financial Review 32 Principal Risks and Uncertainties 34 Corporate Responsibility 42 Board of Directors 44 Directors’ Report GOVERNANCE 52 Corporate Governance Statement 62 Directors’ Remuneration Report 78 Principal Licence Interests 80 Independent Auditor’s Report to the Members of Cairn Energy PLC FINANCIAL ACCOUNTS 81 Group Income Statement 82 Statements of Comprehensive Income 83 Balance Sheets 84 Statements of Cash Flows 85 Statements of Changes in Equity 86 Notes to the Accounts 141 Reserves 142 Glossary of Terms 144 Notice of Annual General Meeting 148 Company Information An HTML version of this report is available “ THE GROUP OFFERS AN ATTRACTIVE to view at www.cairnenergy.com/AR2009 – please take the time to have a look. In addition, while you will find a summary BALANCE BETWEEN THE STRONG of our CR performance in this report, the full CR report is only available online this year, CASH FLOWS THAT WILL BE at www.cairnenergy.com/CRR2009 www.cairnenergy.com/AR2009