Energy
Govt to bankroll half the cost of deepwater wells, but wants its money back from winners
CEII brief
ET EnergyWorld (India) reported on 25 Oct 2026: Govt to bankroll half the cost of deepwater wells, but wants its money back from winners.
Read the full story on ET EnergyWorld (India)The scheme will support 60 wells in deepwater (deeper than 400 metres) and ultra-deepwater (deeper than 1,500 metres) areas.
Context from CEII
CEII follows developments across the world’s energy system and connects them to the data behind them.
Original reporting © ET EnergyWorld (India). Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
