Adani Welspun Exploration Ltd (AWEL) plans to start gas production from its Tapti-Daman sector block in the Mumbai Offshore basin by 2028.
The company has already invested approximately ₹2,300 crore in the project and is now awaiting approval for its extraction plans.
Joint Venture and Reserves
The venture is a collaboration between the Adani Group, which holds a 65% stake, and the Welspun Group, which owns 35%. The block has an estimated gas reserve of 0.75 trillion cubic feet, making it a significant project for India’s energy sector.
Awaiting Regulatory Approval
Adani Welspun is also the operator of the nearby B-9 Cluster field, further strengthening its presence in offshore gas exploration. As reported by newsminimalist.com, AWEL is currently awaiting approval from the Directorate General of Hydrocarbons. Once it secures the necessary clearance, production will commence as planned.
