March 2025

Plans to raise production of petroleum in Andaman sea

• [p] India's ethanol blending initiative has risen from 1.4% to 20%
• Now the government plans to raise production in Andaman sea from 35,000 barrels per day to a projected 2,45,000 barrels per day.
• In 2016, the government transitioned from a production sharing model to revenue sharing model Economic Times