The Hindu·4 min read·hard
Union Cabinet approves ₹84,084 crore for offshore exploration scheme ‘Samudra Manthan’
S
Saptaparno Ghosh
✦AI Summary
The Indian Union Cabinet has approved an ₹84,084 crore investment for the 'Samudra Manthan' offshore exploration scheme to boost domestic energy security. The plan focuses on deepwater drilling, data acquisition, and infrastructure development through 2031.
Seeking to provide a fillip to India’s offshore exploration, the Union Cabinet on Friday (July 31, 2026) approved an outlay of ₹84,084 crore for the Union Petroleum Ministry’s National Offshore Exploration Scheme, titled ‘Samudra Manthan’.
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