USD 75 million investment so far in four OALP bid rounds, according to DGH

In a bid to expedite oil and gas exploration and raise domestic production, the government had in 2018 launched the first bid round under the Open Acreage Licensing Policy (OALP) that allowed explorers to carve out desired areas for exploration and offered liberal terms.

from Energy-Industry-Economic Times https://ift.tt/2HnG3Dd