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Rajasthan petroleum industry receives fresh investments

2023-01-04

Companies in Rajasthan's petroleum industry have made fresh investments totalling INR 62000 million according to a top state official. "Four firms are together investing more than INR 2,28,380 million over the course of several phases. Work on more than INR 62,000 million of this has already begun, according to Subodh Agarwal, Additional Chief Secretary (Mines and Petroleum) Rajasthan.

Four firms in the petroleum industry, according to Agarwal, inked investment contracts at "Invest Rajasthan." Cairn Vedanta, Oil India, Oil and Natural Gas Corporation, and Focus Energy all have signed proposals totalling INR 200k million, INR 6630 million and INR 10,500 million, and INR 11,250 million respectively.