CHENNAI: Megha Engineering & Infrastructures Ltd (MEIL) on Wednesday said that its first indigenously-made oil drilling rig has begun operations at the Kalol oil fields in Ahmedabad, Gujarat. MEIL is the first company in the private sector to manufacture and use rigs used in the oil and fuel extraction segment, a statement said.
The rig, which became operational on Wednesday, is part of an order worth Rs 6,000 crore for 47 drilling rigs that MEIL bagged from ONGC in 2019 through a tender process. According to the company, boasting a capacity of 1500 HP (horse power), these rigs can easily dig oil wells up to a depth of 4,000 meters (4 kilometers) from ground level and have a life span of 40 years.
