Hitesh Vaid said the company has already drilled a few wells in its Assam block and remains bullish about the region as a whole becoming the next hub for Cairn Oil & Gas.
The private oil and gas exploration and production company had earlier pledged to achieve net-zero targets by 2050.
Total reserve plus resource additions exceeded production, leading to a resource replacement ratio of 533 percent, a fivefold increase from 108 percent a year earlier.
On March 12, Sebi had issued an order against Vedanta and former directors of the company. Now, Vedanta has moved the Securities Appellant Tribunal(SAT) against this Sebi order. Moneycontrol explains the details of the case
Sebi had on Tuesday ordered Vedanta to pay Rs 77.62 crore to Scottish explorer Cairn and also barred the firm's entire board, including his brother Navin and daughter Priya, from accessing the capital market for the same.