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Samudra Manthan Scheme
August 3 , 2026
14 hrs 0 min
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- The Union Cabinet approved ‘Samudra Manthan’ – National Offshore Exploration Scheme for implementation up to Financial Year (FY) 2030-31.
- It is a Central Sector Scheme under the Ministry of Petroleum and Natural Gas with a financial outlay of ₹84,084 crore for deepwater and ultra-deepwater exploration.
- The scheme aims to explore offshore hydrocarbon resources and target 600 million Metric Tonnes of Oil Equivalent (MMTOE) reserves to strengthen India's energy security.
- It focuses on 3D seismic surveys, offshore drilling infrastructure, and setting up an Oil and Gas Manufacturing and Services Zone for domestic production.
- India’s offshore basins, including Krishna-Godavari, Cauvery, Mahanadi, and Andaman regions, hold significant untapped oil and gas potential.
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