Ravva, Andhra Pradesh, October 14, 2023: In line with its mission to transform communities, Cairn Oil & Gas, part of Vedanta Group and India’s largest private oil and gas exploration and production company, to help improve the livelihoods of fishermen, distributed fishing nets to village elders and fishermen community of S.Yanam village in Andhra Pradesh. Cairn Oil & Gas operates the Ravva oil field, situated in proximity to S.Yanam village which hosts members of the fishing community.

The Ravva JV contributes Rs. 5 crore every year from its CSR fund to the District Administration to supply fishing nets through the District Fisheries Department, enabling livelihood development for the community members.

The fishing nets were distributed to 450 fishermen of the Ravva JV port by representatives of the District Administration and Mr SM Pasha and Soumen Dev from Cairn Oil & Gas amidst the gracious presence of Hon’ble Minister Sri Pinipe Viswaroop.

Speaking at the event, the Hon’ble Minister, Sri Pinipe Viswaroop, said, “I appreciate Cairn Oil & Gas and Vedanta for this community initiative. I urge the fishermen’s community to make good use of these nets that can significantly aid their livelihood and contribute to the region’s local prosperity. I also request Cairn, Vedanta to continue their support for local communities through CSR activities in the future too”.

This initiative follows up on Cairn’s commitment to ‘Transforming Communities’ – a key pillar in its ESG vision that seeks to empower local communities with adequate skills, resources and livelihood opportunities and enhance their contribution to overall national growth and prosperity.

About Cairn Oil & Gas

Cairn Oil & Gas, Vedanta Limited, is the largest private oil and gas exploration and production Company in India, accounting for more than a quarter of India’s domestic crude oil production. It has a world-class resource base, with a current interest in 62 blocks in India, including the 38 blocks under the Open Acreage Licensing Policy (OALP) Round I auction, 5 blocks under Round II and 3 blocks under Round III, 2 awarded under the Discovered Small Fields (DSF) Round II and 8 under DSF Round III, and one Coal Bed Methane (CBM) block. In 2004, Cairn made the largest onshore discovery in more than two decades in Mangala, Rajasthan. In its operations of 20 years, Cairn has opened 4 frontier basins with numerous discoveries; 38 in Rajasthan alone.

Cairn is part of Vedanta Resources Limited, the world’s sixth largest diversified natural Resources conglomerate with interest in oil and gas, zinc-lead-silver, copper, iron ore, aluminium, and commercial power. The company has a presence across India, South Africa, Namibia, Australia, and Ireland. Governance and sustainable development are at the core of Vedanta’s strategy, with a strong focus on health, safety, and environment, and on enhancing the lives of local communities. Vedanta Resources Limited has been conferred the Confederation of Indian Industry (CII) “Sustainable Plus Platinum” label and ranks among the top 10 most sustainable companies in India.

For more information, please reach out to www.cairnindia.com/www.vedantalimited.com