Seven years ago, on 10th July, 2008 the Government of Rajasthan conceived the formation of Rajasthan State Petroleum Corporation Ltd., a Company for the development of vast resource of Oil and Gas in Rajasthan State. RSPCL is a subsidiary of Rajasthan State Mines & Minerals Limited which is proposed to venture into exploration, production, transportation of gas, City Gas Distribution and Gas Retail Business. RSPCL has started functioning and exploring the business opportunity in the field of Underground Coal Gasification and Syn Gas production. An Expression of Interest was issued by RSPCL in view of tying up with Joint Venture partner having proven technology of UCG. RSPCL had received responses from the perspective project developer(s). Presentations had been given by the project developers from 3.02.2011-4.02.2011 at Corporate office, Udaipur. RSPCL is also pursuing to obtain a Coal block for Underground Coal Gasification from Ministry of Coal. Govt. of Rajasthan has recommended Nagurda area in favour of RSPCL in Barmer-Sanchore basin for Coal Gasification purpose. RSPCL propose to participate in the bidding process of Ministry of Coal for obtaining Nagurda lignite block to work together with Neyveli Lignite Corporation limited. Finalization of a Memorandum of association is with NLC is also under progress.
Expression of interest is also issued to select a consultant for providing assistance in selection of a UCG developer and structuring business model for RSPCL. Presentations from bidders have also been given.
RSPCL has an ambitious plan for entering in to Oil, Gas, Shale gas and CBM exploration under National Exploration Licensing Policy (NELP) through bidding process and Microbial Coal Conversion and Methane Production Projects. RSPCL has obtained "No Objection" from the Ministry of Coal for undertaking biogenic methane studies in the lignite areas. Seam water and coal samples have been sent to Colorado, USA for lab scale feasibility studies.
It has taken a pace ahead for developing gas pipe line laying, transmission and distribution and City gas distribution project across Rajasthan with pioneered organization GAIL Gs Limited, a subsidiary of GAIL India Limited and signed a Joint Venture Agreement on 05.11.2012 at Jaipur in the presence of Chief Secretary. JVA has been signed by the Managing Director RSPCL and Chief Executive Officer, GAIL Gas Limited and a JV in the name of RSPCL- GAIL GAS LIMITED have been incorporated on 20th September 2013 (now known as Rajasthan State Gas Limited) to undertake gas distribution activities in the State. GAIL Gas has 26% and RSPCL 24% equity in the JVC.
RSPCL has also plans to market petroleum products from refineries in the state of Rajasthan.