India's deep-sea bet: Centre's 'Samudra Manthan' to churn crude โ How it works | TheBriefWire
India's deep-sea bet: Centre's 'Samudra Manthan' to churn crude โ How it works
Published 2 August 2026 ยท india
India is funding half the cost of deepwater oil and gas exploration wells. This new scheme aims to reduce reliance on imported energy supplies. The
India is funding half the cost of deepwater oil and gas exploration wells. This new scheme aims to reduce reliance on imported energy supplies. The government will support sixty exploration wells over the next five years. This initiative encourages companies to explore previously avoided offshore areas. Shared infrastructure will also lower development costs for new discoveries.