State-owned Oil India Ltd, as part of its diversification into new and renewable energy sources, is exploring potential geothermal energy projects in eight of its depleted oil wells, official sources told FE.

The company has completed preliminary studies for geothermal projects and is now working at Detailed Feasibility Report for such projects.

“We have seen opportunities in Arunachal Pradesh and we are seeing opportunities in our own depleted fields. We have identified eight abandoned oil fields. Studies have been done and now we are looking at DFRs,” said a senior company official.

National policy and pilot projects drive geothermal push

The government has recently come out with a national policy on geothermal energy and has already uninitiated various pilot studies. As per the

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