Vedanta Oil & Gas plans to double production with ₹6,600 cr investment
pre-market1 source ↓written by the desknot a recommendation
Vedanta Oil & Gas Ltd (VOGL) aims to double its oil and gas production over the next three years, backed by a capital investment of ₹6,600 cr for the current financial year. This investment will enhance output from ageing wells and facilitate new exploration efforts.
This strategic move could potentially reverse a decade of production decline, impacting market dynamics and investor sentiment in the energy sector.
Not investment advice. For informational purposes only.