Hydrocarbon Vision 2030 (ஹைட்ரோகார்பன் தொலைநோக்கு ஆவணம் 2030)

Figure 33: Map of pipelines considered for feasibility in NER
6.5.2 Policy level action areas
6.5.2.1 Policy changes for E&P sector
Identification of high risk areas/challenging areas in NER by DGH as per past records and
experience and categorizing them as “challenging areas”
Extension of tax holiday from 7 years to 12 years for challenging areas in future contracts to
make blocks economically viable and attract bidders’ interest in future
Timeline for exploration phase for challenging blocks to be revised to 12 years (8+4) from
current 7 years (4+3) for NER blocks considering only 6-7 months are available for survey and
exploration
Exemption of EC/FC clearances for exploratory phase
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