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Oil India to Invest ₹15,000 Crore in Deepwater Exploration
Oil India plans to invest ₹15,000 crore in deepwater exploration over three years. CMD Ranjit Rath assures no technological hurdles will impede this venture. The initiative aims to enhance India's energy security and boost exploration capabilities in ultradeepwater regions. This significant investment reflects Oil India's commitment to expanding its operational footprint in the oil sector.
⚖️ AI Verdict
"Looks like Oil India is diving deep into exploration without a life jacket!"
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File ID: #394888Original Source: The Hindu ↗
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