https://indianmasterminds.com

ADVERTISEMENT
ADVERTISEMENT

Historic First: Oil India Limited Wins Potash Block in Historic Auction in Rajasthan, Expands into Critical Minerals

Oil India’s successful bid into the critical minerals sector represents a significant expansion of its business beyond the oil and gas domain.
Indian Masterminds Stories

New Delhi: Oil India Limited (OIL), a Maharatna CPSE of the Government of India, has successfully secured a critical and strategic mineral block under the 5th tranche of auctions conducted by the Ministry of Mines. The company has been declared the Preferred Bidder for the composite license of the Jorkian-Satipura-Khunja Amalgamated Potash and Halite Block in Hanumangarh district, Rajasthan.

Historic Achievement: First-Ever Potash Auction in India
In a historic development, Oil India Limited has become the first-ever successful bidder in the Government of India’s auction of potash blocks. This marks a major step forward in unlocking domestic potash resources and reducing India’s reliance on imported minerals for agriculture, specifically fertilizers. Potash is a critical mineral used in the agriculture sector for increasing soil fertility and supporting food security.

Read Also: Result: Oil India Posts Strong FY25 Performance with Record Output, ₹6,114.19 Crore Profit; ₹1.50 Final Dividend

Strategic Diversification: Expanding into Critical Minerals
Oil India’s successful bid into the critical minerals sector represents a significant expansion of its business beyond the oil and gas domain. This diversification is in line with national priorities that aim to bolster India’s self-sufficiency in essential resources. The move is seen as part of the company’s broader strategy to align itself with the country’s energy transition goals and contribute to economic resilience.

Boosting India’s Self-Reliance and Mineral Security
The auction of critical minerals such as potash is a key part of India’s broader mineral security strategy. By securing this block, Oil India Limited will not only contribute to the national supply of key agricultural inputs but will also help in meeting India’s goal of Aatmanirbhar Bharat (Self-Reliant India). The acquisition enhances domestic production capacity and ensures that India is less reliant on international imports of vital minerals.

Read Also: India’s Fifth Round of Critical Mineral Auction: Major Wins for Coal India, Oil India, Hindustan Zinc, & NLC India

Next Steps: Development of the Potash and Halite Block
The Jorkian-Satipura-Khunja block, located in Hanumangarh district, is known for its rich deposits of potash and halite. This acquisition by OIL paves the way for the exploration and extraction of these critical minerals. OIL’s involvement in the project will not only contribute to the nation’s agricultural sector but also drive economic development in Rajasthan, a region rich in mineral resources.

Oil India’s Vision for Future Growth
With this strategic acquisition, Oil India Limited is positioning itself as a major player in the mining and resources sector, expanding its portfolio in line with national development goals. This new venture is another step toward the company’s goal of becoming a diversified energy giant, contributing to India’s long-term growth and self-sufficiency in critical sectors.

Read Also: Oil India Begins Exploration in Tripura with Debtamura Well Under HELP Regime

About OIL
Oil India Limited (OIL) is an Indian state-owned oil and gas company, operating in the upstream sector, primarily focused on exploring, developing, and producing crude oil and natural gas. OIL is a Maharatna company, meaning it is a central public sector undertaking of the Indian government, and is overseen by the Ministry of Petroleum and Natural Gas. It is the second-largest national oil and gas company in India.


Indian Masterminds Stories
ADVERTISEMENT
ADVERTISEMENT
Related Stories
ADVERTISEMENT
ADVERTISEMENT
NEWS
CM Nitish Kumar
Bihar’s Bold Leap: CM Nitish Kumar Pledges 1 Crore Jobs and Women’s Empowerment Boost
8th pay commission
Big Breaking! 8th Pay Commission May Merge DA With Basic Pay: A Historic Salary Reform Set to Reshape Government Pay Structure
ONGC_resized
ONGC Launches 2025 Apprenticeship Program with 2,623 Vacancies — Empowering India’s Youth for Energy Sector Careers
PNB-resized
PNB Unlocks Rs 1,007 Crore by Selling 10% Stake in Canara HSBC Life Ahead of IPO — Strategic Move to Strengthen Core Operations
ONGC_resized
India’s State-Run Oil Giants Invest Rs 46,600 Crore in Five Months — ONGC and IOC Lead Push for Energy Infrastructure Growth
CIL & IIT Madras Tie Up
Coal India and IIT Madras Join Forces to Launch ‘Centre for Sustainable Energy’ — A Major Step Toward India’s Net-Zero Future
Rajasthan-Police
Rajasthan: 34 IPS Senior Officers Transferred in Major Reshuffle; New DG Post Created in SOG-ATS, Sachin Mittal Made New Police Commissioner of Jaipur
IRTS logo
Senior IRTS Officer Ranjan Prakash Thakur Prematurely Repatriated from ONGC to Parent Cadre for Promotion
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-19 at 12.23
UPSC Journey Should Be Enjoyable, Not Cumbersome
WhatsApp Image 2025-10-16 at 15.16
The Many Facets of Former IRS Officer and Author, Giselle Mehta | Video Interview
IDES Saquib Alam
Beyond IAS and IPS: The Inspiring Work of an IDES officer | Video Interview 
ADVERTISEMENT
UPSC Stories
IAS Rupal Rana UPSC
How Rupal Rana Cracked UPSC CSE 2023 with AIR 26 After Four Attempts
UPSC Topper Rupal Rana secured AIR 26 in 2023 after four attempts. Learn her preparation strategy, booklist,...
Ankita Parashar RAS 2023
4 Attempts, 1 Dream, 0 Excuses: Meet RAS Topper Ankita Parashar, Who Fulfilled a Daughter’s Promise & Secured Rank 2 | Exclusive Interview
Ankita Parashar, a teacher-turned-officer from Pushkar, fulfilled her late father’s dream by securing...
Kushal Chaudhary RAS
From Lab Assistant’s Grit to Rajasthan Topper: How Kushal Chaudhary Topped RAS 2023 with Self-Study | Preparation, Strategy & Interview
Kushal Chaudhary, a farmer’s son and lab assistant from Ajmer, topped RAS 2023 through self-study, overcoming...
Social Media
IFS Parveen Kaswan
Heartbreak by the River: 15-Day-Old Elephant Calf Rejected by Mother, Rescued by IFS Parveen Kaswan and His Team
Jaldapra, West Bengal: In a moving incident that tugs at the heart, a 15-day-old elephant calf was rescued...
Ashwini Bhide IAS and Anand Mahindra
Who Is IAS Ashwini Bhide, Hailed as a Role Model for Mumbai Metro Transformation by Anand Mahindra?
From heritage to high-tech: Bhide’s leadership in Metro Line 3 earns public praise and admiration
World Rhino Day India
On World Rhino Day, IFS Officer Parveen Kaswan Shares Rare Insights - India Now Hosts 80% of the World’s One-Horned Rhinos
September 22 Marks Global Call for Rhino Conservation; India Holds 80% of World’s Greater One-Horned...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Latest
CM Nitish Kumar
Bihar’s Bold Leap: CM Nitish Kumar Pledges 1 Crore Jobs and Women’s Empowerment Boost
8th pay commission
Big Breaking! 8th Pay Commission May Merge DA With Basic Pay: A Historic Salary Reform Set to Reshape Government Pay Structure
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Videos
WhatsApp Image 2025-10-19 at 12.23
WhatsApp Image 2025-10-16 at 15.16
IDES Saquib Alam
ADVERTISEMENT
ADVERTISEMENT