India, Aug. 3 -- The Government of India has issued a release:
Samudra Manthan marks a decisive step in India's journey towards energy security and self-reliance. With a Phase-I outlay of Rs.84,084 crore up to FY 2030-31, the scheme is designed to unlock India's vast offshore hydrocarbon potential. It focuses on accelerating exploration, deploying modern technology, creating shared infrastructure, and strengthening domestic manufacturing. It aims to add over 600 MMTOE of hydrocarbon reserves, raise domestic production, reduce import dependence, and build a globally competitive offshore energy ecosystem.
S. No.
Component
Amount
1
Offshore data acquisition
28,534
1A
2D seismic data acquisition for basin-wide coverage
12,000
1B
3D ...