Question : REDEVELOPMENT PROJECT OF ONGC



(a) whether redevelopment project of constructing of one multi-purpose support vessel in Mumbai by Oil and Natural Gas Corporation Limited (ONGC) is facing delays;

(b) if so, the details thereof and the cost of the project including reasons for the delay, if any; and

(c) the steps taken by the Government to complete the redevelopment project in time bound manner?

Answer given by the minister


MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS QIC) (SHR1 DHARMENDRA PRADHAN)

(a) & (b). The finalisation of tender for construction of Multi-purpose Support Vessel got delayed as one of the rejected bidders approached Independent External Monitor (IEM) on two occasions. This bidder also submitted various representations to ONGC and the Ministry. All these were deliberated in ONGC. This entire exercise delayed the tendering process. The revised estimated cost of the project is USD 185 million.

(c) Negotiations with the Lowest bidder (L-l) by ONGC is under process. Necessary action on trie project shall be taken after completion of negotiation with L-l bidder.