Business|
Government’s SCBM 2025-26 Bids Boost Domestic Gas Production Capacity
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News Analysis IndiaReporter
October 15, 2026
11:34 AM
The SCBM‑2025 and SCBM‑2026 bidding rounds are part of the government's broader strategy to unlock India's unconventional hydrocarbon potential, draw private capital and reinforce domestic gas supply. By signing the agreements under the watch of the petroleum minister, Essar confirms its commitment to accelerate CBM output, create long‑term value and help reduce reliance on imported natural gas. The company's CEO highlighted that the new blocks will translate the successful Raniganj model into accelerated development across the newly acquired acreage.
