Samudra Manthan Scheme:
The Union Cabinet has approved ‘Samudra Manthan’ – the National Offshore Exploration Scheme with total outlay of ₹84,084 crore
- It is also called a as the National Offshore Exploration Scheme.
- It is a Central Sector Scheme of the Ministry of Petroleum & Natural Gas.
- Implementation Period: Up to FY 2030–31.
- The scheme aims at unlocking India’s vast offshore energy potential.
- Features of Samudra Manthan Scheme:
- It encompasses a comprehensive set of interventions across the offshore exploration value chain.
- It provides for large-scale acquisition, processing and interpretation of high-quality seismic data, accelerated deep water and ultra-deep water exploratory drilling, scientific drilling in frontier basins.
- It involves development of common offshore production and evacuation infrastructure, and establishment of an integrated Oil & Gas Manufacturing and Services Zone.
- It also includes dedicated provisions for digital programme management, capacity building, technology adoption, stakeholder engagement and international outreach, creating an integrated ecosystem to accelerate offshore exploration and production in the country.
