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Offshore Areas Mineral (Development and Regulation) Amendment Act, 2023

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Central or state Act — primary legislation passed by the legislature. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.

Summary

Opens up India's Exclusive Economic Zone for commercial mining of offshore minerals. Establishes a framework for granting licences and leases for offshore mineral exploration and production.

Key Facts

TypeAct

SourceHistorical Record

PublishedFriday, 11 August 2023

Affected Population1.4 billion consumers, 300 million without reliable power

Key Numbers

500 GW non-fossil fuel capacity target by 2030

Saubhagya: 100% household electrification

175 GW renewable energy installed (2025)

Merchandise exports: $437 billion (2024-25)

Key Authorities

Key Stakeholders

Government Context

NDA IIBJP-led NDA

Right

LeftCentreRight

Amendment History

2 changes recorded for this policy.

TypeSunday, 19 July 2026via historical

~~policy~~

act

SectorsTuesday, 11 August 2026via historical

~~Social Protection~~

Energy, Trade & Commerce

Explore Sectors

Energy101 tracked→Trade & Commerce145 tracked→

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