A look at NELP- Part II - Views on News from Equitymaster

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A look at NELP- Part II

Jan 21, 2008

In the previous article we chronicled the events that led to the initiation of the New Exploration Licensing Policy (NELP). In this article, we shall profile the first six rounds of NELP.

Participation in NELP so far
Round Year No. of blocks No. of bids New Indian players New foreign players
I 2000 24 45 ONGC, OIL, IOC,
GAIL, RIL, HOEC
Cairn, Niko,
Mosbacher, Gazprom
II 2001 23 44 GSPC Hardy
III 2003 23 52 Jubilant Geoglobal
IV 2004 20 44 BPCL, HPCL -
V 2005 20 69 NTPC, Focus ENI, Canoro, Geopetrol
VI 2007 52 165 Tata, RNRL, Essar,
Adani, JP Associates
BG, Santos, Newbury, Petrogas,
Suntera, Naftogaz, Hallworthy, Silverwave

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