New Delhi, 16 April 2025: Hon’ble Union Minister Shri Hardeep Singh Puri has interact with captains and professionals of the energy sector and witnesses at the Contract Signing Ceremony for OALP Bid Round IX and Special DSF Bid Round 2024 & Launch of Discovered Small Fields Bid Round IV on the day the historic Oilfields (Regulation and Development) Amendment Act, 2025 (6 of 2025) passed recently by Indian parliament comes into force.
The signing ceremony for the E&P bid rounds is a powerful statement of intent in India’s journey towards energy self-sufficiency under the leadership of PM Shri Narendra Modi Ji. It reflects how India is now determined to unlock the untapped energy potential of approx 42 billion tonnes of oil and oil equivalent of gas.
