| 1.Engineering
A) 60 % 3D Model review (Except LSTK/BOO/BOOT) completed
B) Acquisition of additional land for the project (606 Acres) is completed by Govt. of Tamil Nadu and land handed over to CPCL on 31-Oct-23.
C) Application submitted to MoPNG for infusion of equity in the JVC between IOCL & CPCL, to set up CBRPL Project at Nagapattinam, for seeking approval of Public Investment Board (PIB)/ Cabinet Committee on Economic Affairs (CCEA). Based on observations of MoPNG, the project cost was revisited by EIL, the consultant, considering the time escalation and available detailed engineering inputs. The revised project cost (Rs.36,354 Cr.), capital structure, revised equity contribution (75% by IOCL & 25% by CPCL) and execution philosophy (Change in BOO/BOOT Packages) was approved by CPCL Board and IOCL Board in the Board meetings held on 20-Feb-24 and 28-Mar-24 respectively. Submission of revised application to MoPNG for infusion of equity is in progress.
2.Procurement
A) 132 Request For Quotation (RFQ) floated for material procurement and are under various stages of evaluation/award
3.Contracts
A) 29 Notice Inviting Tender (NIT) floated for work contracts and are under various stages of evaluation/award
4.Construction
A)Site enabling activities like Construction power, Construction water, Site grading, Topographic & geotechnical surveys, Boundary wall and Roads & drain construction are in progress. |