ONGC to invest ₹1 lakh crore in deepwater oil exploration

ONGC to invest ₹1 lakh crore in deepwater oil exploration. The ambitious plan aims to significantly boost domestic crude oil and natural gas production over the next decade. The move underscores a strategic shift towards self-reliance in energy, reducing import dependence. Deepwater projects could add 5-6 million metric tonnes of annual output by 2030.

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