Monday, March 17, 2025 | 06:27 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Vedanta to supply 50% of India's crude oil output after merger: Agarwal

Cairn India currently contributes to 27% of the country's overall oil output

Vedanta Chairman Anil Agarwal
Premium

Anil Agarwal

Shine Jacob New Delhi
Vedanta Group Chairman Anil Agarwal on Thursday said after the merger of Cairn India and Vedanta the combined entity will produce more and the target will be to account for  at least 50 per cent of the country’s total oil production in the next four years.

This comes at a time when the group is set to complete the merger process within the next ten days. Cairn India currently contributes to 27 per cent of the country’s overall oil output, producing about 166,000 barrels of oil equivalent per day. 

The Barmer block in Rajasthan has Cairn India and state-run Oil

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in