• CBG expansion CAPEX: Oil India has earmarked ₹3,000 to ₹4,000 crore to set up approximately 25 compressed biogas plants across India, utilizing municipal solid waste and agricultural residue as feedstocks.
• Numaligarh Refinery expansion: Refinery capacity is being expanded from 3 MMT to 9 MMT for full commissioning in early 2027, supported by a 1,635 to 1,640 km Paradip-to-Numaligarh pipeline set to commission by October or November.
• Crude sourcing strategy: For the expanded 9 MMT capacity, 3 to 3.5 MMT will be sourced domestically from Assam fields, while 5.5 to 6 MMT will be imported via a collaborative framework with BPCL and IOCL.
• Upstream exploration focus: The company intends to drill around 100 exploration, appraisal, and development wells, and will initiate deep and ultra-deepwater drilling in the Mahanadi and KG basins under the government's Sagar Manthan mission.