August 4, 2026 1:09 AM
Samudra Manthan: India’s Rs 84,084-crore mission to unlock offshore energy and strengthen energy security
India has launched an ambitious national mission to transform its offshore hydrocarbon exploration sector with the approval of Samudra Manthan - the National Offshore Exploration Scheme, a flagship initiative aimed at enhancing domestic oil and gas production, reducing import dependence and strengthening the country's long-term energy security. Approved on 31 July 2026, the scheme marks a major shift from policy reforms to mission-mode implementation. With a Phase-I financial outlay of ₹84,08...