GAIL India plans to conduct oil exploration work in Rajasthan soon

28 Dec 2022 CW Team

The state-run GAIL India will conduct exploration and production of mineral crude oil, natural gas, and coal bed methane (CBM) in the 486.39 square kilometre Barmer-Jaisalmer block.

The block has been allotted to GAIL India for three plus nine months in the seventh cycle under the Open Acreage Licensing Policy. The exploration licence was issued on the recommendation of the Union petroleum and gas ministry.

Rajasthan is one of the top oil producers in the country's inland. It produces approximately 100,000 barrels of crude oil and 4.1 to 4.4 million cubic metres of gas per day. ONGC and Oil India are currently producing petroleum and gas in Barmer and Jaisalmer. ONGC has nine licences, while Oil India has two.

Similarly, Vedanta has received nine exploration licences, followed by Oil India (5) and ONGC and GAIL India with one each.

Agarwal stated that exploration was also taking place in Bikaner and Sriganganagar.

Also read:
ONGC set to award contracts to hire six oil rigs a day
Petronet LNG to set up floating LNG terminal at Gopalpur

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..