Call it a mega move by the Modi government. On Tuesday the Ministry of Petroleum opened its largest oil and gas bid round, offering 25 blocks covering 1.91 lakh square kilometers, mostly in offshore area.

The move aims to boost domestic production to cut imports and help energy security.

PTI report said that Petroleum Minister Hardeep Singh Puri launched the 10th bid round under the Open Acreage Licensing Policy (OALP) at the India Energy Week (IEW) in New Delhi.

As it is, OALP-X round will feature 25 blocks spread over 1,91,986 square kilometers in 13 sedimentary basins. Of these, 13 of the blocks are in the offshore area.