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Business
Vedanta to Invest $200 Million to Boost Oil Production in Rajasthan
✍️ The Economic Times
🗓 02 Oct 2026, 02:31 AM
👁 10
Vedanta Ltd announced a $200 million investment aimed at increasing oil output from its Rajasthan fields.
Vedanta Ltd, a leading Indian mining and metals conglomerate, disclosed plans to allocate $200 million for enhancing oil extraction in Rajasthan.
The funding will be directed toward upgrading drilling infrastructure, implementing advanced recovery technologies, and expanding existing wells across the state’s oil‑bearing basins.
Company officials anticipate that the investment will lift regional output, bolstering India’s energy security and supporting the local economy, although specific production targets were not disclosed.
The initiative forms part of Vedanta’s broader strategy to diversify its energy portfolio amid rising domestic demand.
The funding will be directed toward upgrading drilling infrastructure, implementing advanced recovery technologies, and expanding existing wells across the state’s oil‑bearing basins.
Company officials anticipate that the investment will lift regional output, bolstering India’s energy security and supporting the local economy, although specific production targets were not disclosed.
The initiative forms part of Vedanta’s broader strategy to diversify its energy portfolio amid rising domestic demand.