India’s ‘Samudra Manthan’ Initiative: A Deep Dive into Energy Security and Offshore Exploration
India launches 'Samudra Manthan', a strategic initiative to fund 50% of deepwater oil and gas exploration wells. Aiming for 60 wells in five years, this scheme seeks to reduce energy import reliance and foster self-sufficiency.
India’s ‘Samudra Manthan’: Cabinet Unleashes Rs 84,084 Crore Drive for Offshore Energy Independence
India’s Cabinet has sanctioned an ambitious Rs 84,084 crore 'Samudra Manthan' scheme to unlock vast offshore oil and gas reserves by FY2030-31. This strategic initiative aims to significantly bolster the nation's energy security and reduce reliance on…