Daman Upside Project
Sector: Natural Gas • Location: Daman, India
Source: Bitget
The Daman Upside project is an offshore natural gas development initiative by ONGC aimed at nearly doubling the current offshore gas output to help meet India's growing natural gas demand. The project is critical for ONGC to achieve its target of producing 21.5 billion cubic meters of natural gas in the next fiscal year. However, the project is facing significant cost overruns and delays due to a
- Status
- Failure
- Sector
- Natural Gas, Oil and Gas
- Location
- Daman, India
- Updated
- 22 Jul 2026
- Source
- Bitget
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Project Information
Participants
| Not available for this record. |
Status
Original status | delayed |
Taiyo status | Failure |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Daman Upside project is an offshore natural gas development initiative by ONGC aimed at nearly doubling the current offshore gas output to help meet India's growing natural gas demand. The project is critical for ONGC to achieve its target of producing 21.5 billion cubic meters of natural gas in the next fiscal year. However, the project is facing significant cost overruns and delays due to a tender cancellation and rebidding process. |
Original sector | Energy |
Budget |
Location
Country | India |
City | Daman |
Source
Source | Bitget |
URL |
More Details
Record type | Project |
Sector | Natural Gas, Oil and Gas |
Article published date | 2026-03-31 |
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