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Cairn to invest $3 bn

Cairn to invest $3 bn

Cairn India is hoping to ramp up crude production in the Barmer blocks from the current 1,80,000 bpd to 210-215,000 bpd by the end of the current fiscal. The company also plans to invest $3 billion in its energy assets in India and a lion’s share of this capex will go into developing the prolific Barmer block.

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