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Ministry of Petroleum & Natural Gas

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Government approves ₹84,084 crore Samudra Manthan Scheme for offshore energy exploration

The Ministry of Petroleum & Natural Gas announced on 16 October 2026 that the Government of India has approved the Samudra Manthan Scheme (National Offshore Exploration Scheme) with an outlay of ₹84,084 crore. This initiative aims to strengthen energy security by accelerating offshore hydrocarbon exploration and boosting domestic manufacturing.

Read the explainer Press release 2324548Official release from pib.gov.in ↗
Source details
Issued by
Ministry of Petroleum & Natural Gas
Published on
Press Information Bureau, pib.gov.in (Press releases)
File hosted on
www.pib.gov.in, the government's file server for pib.gov.in
Dated
16 October 2026
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