Having started operations in 1994, Cairn is celebrating 30 years of Energising India

Barmer, Rajasthan, 6 January 2024: We were honoured with the gracious presence of Shri Rameshwar Teli, MoS – Ministry of Petroleum & Natural Gas and Labour & Employment; and Shri Kailash Choudhary, MoS – Ministry of Agriculture & Farmers’ Welfare, Government of India at our Mangala Processing Terminal in Barmer, Rajasthan. The two ministers commemorated the 30 years milestone of Cairn’s operations across India.

The Hon’ble ministers engaged with our leadership and dynamic team of on-site engineers who are instrumental in contributing 25% to the nation’s crude oil and gas production. Over the past decades, Cairn’s impact on Barmer’s landscape has been transformative, with per capita income witnessing an increase of 650%. This economic growth is a testament to Cairn’s commitment to the development and prosperity of the region, while also reinforcing Cairn’s position as the largest private player in India’s energy sector. Embodying our ESG vision of planting 2 million trees, the ministers planted saplings at our sites, strengthening our collective commitment to a sustainable future.

About Cairn Oil & Gas

Cairn Oil & Gas, part of Vedanta Limited, is India’s largest private oil and gas exploration and production company, contributing more than a quarter of India’s domestic crude oil production and driving energy security for India in a sustainable and responsible way.

With a world-class resource base, the company has an interest in 62 blocks in India covering a total acreage of more than 61,114 square kilometres with gross 2P (Gross Proved Plus Probable Reserves) and 2C (Gross Contingent Reserves) in excess of 1.1 bn boe. A pioneer in exploration and production, Cairn has spearheaded technological innovation with high-reward prospects. The company has producing assets across Rajasthan, Andhra Pradesh, Gujarat, and Assam. Over the last 30 years, Cairn has opened four frontier basins with numerous discoveries. The company is executing the largest exploration project in India with 46 simultaneously explored project blocks reinstating the faith in India’s hydrocarbon potential.

Vedanta Limited (“Vedanta”), a subsidiary of Vedanta Resources Limited, is one of the world’s leading natural resources companies spanning across India, South Africa, Namibia, Liberia, UAE, Korea, Taiwan and Japan with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, Nickel, Aluminium, Power & Glass Substrate and foraying into semiconductors and display glass. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta’s strategy, with a strong focus on health, safety, and environment. Vedanta has put in place a comprehensive framework to be the ESG leader in the natural resources sector, is committed to reducing carbon emissions to net zero by 2050 or sooner and aims to spend $5 billion over the next 10 years to accelerate this transition. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. Anil Agarwal Foundation, the umbrella entity for Vedanta’s social initiatives, has pledged Rs 5000 crore over the next five years on various social impact programs and its flagship project, Nand Ghar is setting up model anganwadis across India. Vedanta Ltd. has been listed in Dow Jones Sustainability World Index 2022, conferred Golden Peacock Award for excellence in Corporate Governance 2022 and certified as a Great Place to Work 2023. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange.

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