Oil India Limited (OIL), a Maharatna CPSE and key energy player, has secured a major win in Arunachal Pradesh. OIL emerged as the preferred bidder for the Phop Graphite and Vanadium Block, selected by the Ministry of Mines during a recent auction.

This auction, part of Tranche IV under the Auction of Critical and Strategic Mineral Blocks, saw eight mineral blocks offered to boost India’s access to essential materials. These critical minerals, vital for high-tech industries and green energy initiatives, are expected to reduce India’s dependence on imports.

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Aligned with India’s mission to strengthen its critical mineral reserves, OIL’s acquisition supports the country’s journey toward energy self-sufficiency. This strategic win also advances the Government of India’s goal of positioning the nation as a competitive force in the global mineral economy.