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Business
Vedanta Announces $200 Million Investment to Boost Rajasthan Oil Production
✍️ economictimes.com
🗓 02 Oct 2026, 06:05 AM
👁 11
Vedanta said it will spend $200 million to raise crude oil output from its Rajasthan blocks, aiming to enhance domestic energy supply.
Vedanta has unveiled a $200 million programme designed to increase oil production from its assets in Rajasthan. The funds will be directed towards development and enhanced recovery activities at the company's existing blocks. The move reflects the firm's confidence in the hydrocarbon potential of the western Indian state. By boosting output, Vedanta aims to contribute to India's energy security and reduce reliance on imports. The investment is part of the company's broader strategy to strengthen its upstream portfolio in the country.