Cairn India to Develop Bhagyam Oil Field in Rajasthan - India Renewable Energy Consulting – Solar, Biomass, Wind, Cleantech
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Cairn India has decided to initiate development of its Bhagyam field in Rajasthan. It intends to bore nine wells in  Aishwariya and 15 wells in Bhagyam. The venture is a JV between Cairn India (70%) and ONGC (30%).

Cairn had recently revised its estimate of oil blocks in Rajasthan and the potential resource is now pegged at 6.5 billion barrels of oil equivalent. Its resources in Mangala, Bhagyam and Aishwariya (referred to as MBA) have increased from estimates of 3.7 to 4 billion BOE.

In Feb 2010, Cairn pumped out 60,000 T of oil from its Rajasthan fields.

About Narasimhan Santhanam (Narsi)

Narsi, a Director at EAI, Co-founded one of India's first climate tech consulting firm in 2008.

Since then, he has assisted over 250 Indian and International firms, across many climate tech domain Solar, Bio-energy, Green hydrogen, E-Mobility, Green Chemicals.

Narsi works closely with senior and top management corporates and helps then devise strategy and go-to-market plans to benefit from the fast growing Indian Climate tech market.

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