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The Economic Times

Economy / The Economic Times

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India extends bidding deadline for deepwater oil and gas blocks for sixth time

India has extended the bidding deadline for deepwater and ultra-deepwater oil and gas blocks under the OALP-X and OALP-XI rounds to September 17, marking the sixth extension since February 2025. The move highlights the government's continued struggle to attract foreign investors despite policy reforms and growing concerns over rising import dependence.

23 Jun 2026 1:03 am