India to Fund 60 Deepsea Wells with Rs 650 Crore Each to Reduce Oil Import Dependence

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Energy

2 August 2026 at 9:42 pm

India to Fund 60 Deepsea Wells with Rs 650 Crore Each to Reduce Oil Import Dependence

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Summary

India's government will fund 60 deepsea wells with Rs 650 crore per well through the "Samudra Manthan" scheme to reduce oil import dependence.

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