Investment in Rajasthan by Carin and ONGC

Carin India and ONGC jointly invest Rs 20000 crore to work for the production of their oil fields at Barmer Rajasthan. Earlier they revised their production target from 1.50 lakh bopd to 1.75 bopd. The investment will be shared between Carin India and ONGC in the ratio of 70:30. Commencement of Oil production wil be started shortly from Barmer.

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