Essar Oil to invest Rs 3,000 cr in Raniganj CBM block to increase gas production

Essar Oil and Gas Exploration and Production announced a ₹3,000 crore investment to enhance gas production at its Raniganj CBM block in West Bengal. The company aimed to boost its contribution to India's gas output from 1% to 5% in five years, exploring untapped portions of its 500 sq km acreage.
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