BusinessPhoto: NDTV BusinessGovernment's Rs 84,000-Crore Incentive Fails to Attract Deepwater Exploration Investors
The Indian government’s Rs 84,084 crore incentive under the Samudra Manthan scheme to boost deepwater and ultra-deepwater oil and gas exploration has yet to attract strong investor interest. The Directorate General of Hydrocarbons extended bidding deadlines for Open Acreage Licensing Policy rounds X and XI multiple times, now set to December 10, allowing more time for evaluation despite repeated delays.
NDTV Business·



