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.
FlashNews:
GAIL Signs MoU with KABIL to Boost Critical Minerals Collaboration
India’s First Private Orbital Rocket Vikram‑1 Set for July 18 Test Flight
NHAI Engages Consultants to Strengthen InvIT‑Led Highway O&M
Porbandar Shipbuilding Cluster, Vadinar Repair Facility Get Government Nod
AM/NS India and SVNIT Launch Programme to Build Industry‑Ready Talent in Surat
Naidu Fast‑Tracks Dholera International Airport Operationalisation
KEC International Secures First Data Centre Line Order in ₹1.18 Billion Wins
Railway Minister Vaishnaw Unveils Eight New Freight Reforms
REC, CPRI Partner to Boost Quality Assurance under RDSS
HPCL Strengthens Ethanol Quality Checks with 3,651 Surprise Inspections
India’s Drone Challenge 2.0 Empowers Students to Build Smarter Drones on Indigenous Chips
GIFT City Units Freed from Coastal Shipping Licence, Boosting India’s Maritime Finance Hub
REC Commits ₹150 Billion to Power and Renewable Push in Tripura
As India’s GCCs Shift from Cost to Capability Leadership, Sitharaman Charts Next Decade of Growth
DFCCIL Advances East-West Freight Corridor with Stakeholder Push on Financing and Construction
GMR Charts Multi‑Phase Roadmap to Transform Nagpur Airport into India’s Heartland Hub
Kamarajar Port Joins Visakhapatnam as India’s Second 18‑Metre Deep‑Draft Port
El Niño Cuts 13 aGW Hydropower Across Asia, Forcing Coal and LNG Reliance
CUMI Named Armour Partner for DRDO’s Indigenous Vikram VT21 Combat Vehicles
Home » Cairn to invest $3 bn
Cairn to invest $3 bn
Power & New and Renewable Energy
August 1, 2013August 1, 2013


Leave a Reply
You must be logged in to post a comment.