The curious case of KG-DWN-98/2: The long struggle of a PSU

Welcome to this week’s edition of TOPICAL WEDNESDAY! This week, we will discuss the journey of KG-98/2 block on Krishna Godavari Basin. India’s reliance on imported oil continues to weigh heavily on the economy. Between February 2024 and January 2025, India spent ~€49 Bn (~Rs. 4.4 lakh crore) on oil imports from Russia alone. With 88% of crude oil and 50% of natural gas needs […]

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