Deep Industries, an Ahmedabad-based company is planning to set down up to 50% participatory interest in Singrauli coal bed methane (CBM) block. At present it holds 90% participatory interest in the exploratory asset. In consortium with the US-based Coal Gas Mart during the third bidding round in 2006, it was awarded with two blocks - Singrauli in Madhya Pradesh and Godavari Valley (North) in Andhra Pradesh.
Deep industries is well diversified Oil & Gas Company with business interest in air and gas compression, drilling, work over and oil & gas exploration and production. It is the largest private sector natural gas compression company in India.
