Mumbai, Feb. 24 -- According to an exchange filing, the partnership was described as a significant milestone in advancing the exploration of critical minerals, both within India and abroad, recognizing their vital importance for the nation's energy security and sustainable growth.

Under this collaboration, Oil India and MECL will jointly undertake exploration activities aimed at identifying, evaluating, and developing mineral-rich blocks. This includes the recently awarded Phop Graphite and Vanadium block in Arunachal Pradesh.

Meanwhile, the company has announced the formation of a joint venture with Assam Power Generation Corporation (APGCL) called APGCL OIL GREEN POWER.

The formation of the joint venture was approved by the Ministry ...