Ministry of Petroleum & Natural Gas’ (MoPNG) official data collection agency, Petroleum Planning & Analysis Cell (PPAC) will hire a consulting firm for conducting studies on the future of oil and gas in the age of energy transition.
PPAC has floated an expression of interest (EoI) for hiring a knowledge partner.
The agency said that various stakeholders have been requesting PPAC for many studies especially related to the future of oil & gas industry in the energy transitions, biofuels, refined petroleum product exports (POL), etc.
“To effectively discharge its responsibilities, PPAC accordingly intends to hire a knowledge Partner, who would assist PPAC in specific studies/activities,” it added.
Future Planning
Established in April 2002, PPAC maintains the data bank in the oil and gas sector. Besides, it is also responsible for energy modelling and POL demand forecasting as well as conducting various studies in the energy domain.
In addition to administration of subsidies, the other primary role of PPAC is to monitor and analyse trends in oil & gas sector and provide appropriate support to the Ministry in discharge of its responsibilities. It carries out various studies through Working Groups, Committees and stakeholders’ consultation in the sector.
According to the EoI, the knowledge partner will prepare and help with execution of strategy to promote investment in Indian Oil, Energy, Gas and Renewable Energy sector.
“Assist with sector promotion activities, especially among global investors through Investor Engagement programs and facilitate prospective investors in Indian Oil, Energy, Gas, Renewable sector. Assist PPAC in holding Industryvide events such as stakeholders meet, foundation day to provide a platform for industry players to express their views,” it added.
The partner will also assist PPAC with various policy formulations and sector publications including its Monthly Ready Reckoner, Ready Reckoner, Snapshot of Oil & Gas data of states, Quarterly report & the most important ‘Comprehensive Annual Report to put up before the MoPNG during general body meeting, it said.
The knowledge partner’s annual sales turnover generated from services related to consulting during each of the last 3 Financial Years (excluding current Financial Year) as per the last published Balance sheets), should be at least ₹10 crore.
Team of experts
PPAC said that given the nature of studies which are being planned during 2025-26 and onwards, it is estimated that the Knowledge partner (KP) for PPAC may need a team of five members.
The team would include an expert in global oil & gas, power, RE, biofuel and hydrogen economy with at least 7 years of professional experience and at least 3 years’ experience in Oil & Gas and Energy sector.
To assist the Expert, there would be three support members who should have a minimum experience of 5 years with at least 2 years in Oil & Gas and Energy sector having an expertise in technologies/ global best practices in renewables, demand substitution of hydrocarbons, energy efficiency, alternate fuels etc.