Oil India (OIL) has been declared as the Preferred Bidder for grant of composite license for the Jorkian - Satipura - Khunja Amalgamated Potash and Halite Block in Hanumangarh district of Rajasthan. This is the first-ever successful auction of Potash blocks by the Government of India, marking a major step towards unlocking domestic Potash resources. OIL's strategic diversification into critical minerals represents a well-timed response to national priorities to support India's self-reliance goals.
Oil India, a Navratna Company, is Asia's oldest and biggest pioneer oil exploration and Production Company.
