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India Launches Samudra Manthan Scheme to Boost Offshore Oil and Gas Exploration
India's Union Cabinet approved the Rs 84,084 crore Samudra Manthan National Offshore Exploration Scheme, funding 50% of deepwater drilling costs to reduce import reliance. The initiative aims to attract global companies, unlock hydrocarbon reserves, and create shared infrastructure, marking a significant shift in energy security strategy.
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Times of India5 Min. Lesezeit