HOEC Amps Up Growth with Rs 1,000 Crore Expansion Plan

HOEC is accelerating its growth trajectory through targeted investments in key upstream assets. In Assam, the company is scaling its Dirok gas plant capacity to 70 MMSCFD to match upcoming regional pipeline enhancements slated for late 2026. Offshore, HOEC is driving a four-well developmental drilling campaign within the unique PY-1 fractured granitic basement reservoir in the Cauvery Basin. Backed by a proposed borrowing limit increase to Rs 1,000 crore, these initiatives position the company for robust operational expansion.

News by Rahul Yelligetti