News on NELP | |
News on NELP The New Exploration Licensing Policy (NELP) in India has played a pivotal role in boosting the country’s oil and gas exploration activities. Introduced in 1997, NELP aimed to attract foreign investment by offering competitive bidding rounds and awarding exploration blocks to private and foreign companies. This policy was instrumental in expanding India’s domestic energy production by promoting competition, transparency, and technology transfer. Over the years, NELP led to the discovery of significant reserves and encouraged several international oil companies to explore opportunities in India. However, with changing market dynamics and evolving global energy needs, India is now transitioning to a more flexible and investor-friendly model under the Open Acreage Licensing Policy (OALP), News on NELP, indianpetroplus #NewsonNELP #Indianpetroplus | |
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Target State: All States Target City : All Cities Last Update : 11 March 2025 1:41 AM Number of Views: 29 | Item Owner : Indianpetroplus Contact Email: Contact Phone: (None) |
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