Oil India Wins Key Potash Exploration Block in Rajasthan

Mumbai, 28 May 2025: Oil India Limited (NSE: OIL), a Maharatna Central Public Sector Enterprise (CPSE), has secured a vital potash exploration block in Rajasthan, marking a significant step forward in India’s mineral diversification and energy transition agenda.

India’s First Potash Block Allocation

As per a press release issued on May 28, 2025, Oil India has been declared the Preferred Bidder for the composite license of the Jorkian–Satipura–Khunja Amalgamated Potash and Halite Block. The block is located in the Hanumangarh district of Rajasthan and was awarded under the 5th tranche of mineral block auctions conducted by the Ministry of Mines, Government of India.

This historic allocation marks the country’s first-ever successful auction of potash blocks. It signals a strategic push towards harnessing domestic mineral reserves, particularly for reducing reliance on imports of essential fertiliser components.

Supporting Energy Transition and Self-Reliance

The acquisition reflects Oil India’s strategic move to expand beyond its core oil and gas operations into critical and strategic minerals. By stepping into the potash domain, the company is aligning with national objectives such as Atmanirbhar Bharat (self-reliant India), and supporting sectors critical to agriculture and sustainable energy storage.

Oil India highlighted the development as a timely and forward-looking response to evolving national priorities. The allocation not only strengthens its role in securing critical resources but also demonstrates its commitment to supporting India’s energy security and mineral independence goals.

This move reinforces Oil India’s position as a proactive and diversified player in India’s evolving energy and resource landscape.

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https://nsearchives.nseindia.com/corporate/OIL_28052025134726_REG30PRESSRELEASE28052025.pdf