Cairn India is one of the largest independent oil and gas exploration and production companies in India with a market capitalisation of nearly US$ 10 billion. Cairn India was rated as the fastest-growing energy company in the world, as per 2012 & 2013 Platts Top 250 Global Energy Company Rankings.
Cairn India operates around 30 per cent of India’s domestic crude oil production. Cairn India is part of the Vedanta Group, a globally diversified natural resources group with wide ranging interests in aluminium, copper, zinc, lead, silver, iron ore, etc. Through its affiliates, Cairn India has been operating for close to 20 years playing an active role in developing India’s oil and gas resources. To date, Cairn India has opened 4 frontier basins with over 40 discoveries, 31 in Rajasthan alone.
The Mangala field in Rajasthan, discovered in January 2004, is the largest onshore oil discovery in India in more than two decades. Mangala, Bhagyam and Aishwariya fields - major discoveries in the Rajasthan blockhaave gross ultimate oil recovery of over 1 billion barrels.
Cairn India has a portfolio of 9 blocks - one block in Rajasthan, which contains multiple assets, two on the west coast and four on the east coast of India and one each in Sri Lanka and South Africa. Oil and gas is currently being produced from Rajasthan, Ravva and Cambay.
During June 2010, Cairn India and ONGC, the 70:30 joint venture partners in the Rajasthan Block, RJ-ON-90/1, commenced sales through the world’s longest continuously heated and insulated crude oil pipeline.
In Mach 2011, the Government of Sri Lanka (GOSL) signed Memorandum of Understanding (MoU) with Cairn Lanka, wholly owned subsidiary of Cairn India, to help in the construction and setting up of libraries at a number of schools identified by the GOSL in the Moneragala district for the benefit of children in the area.
The company has received ISO 14001 certified and OSHAS 18001 certification for its operating sites.
Awards
- Cairn India has been felicitated with the Golden Peacock Award for Business Excellence 2014.
- Cairn India was felicitated with BusinessWorld Award for India’s Fastest Growing Company in middleweight category. Cairn India was ranked as India’s fastest growing company in Middleweight category (revenues in the range of Rs 5,000 crore to Rs 9,999 crore) for FY2014.
- Cairn India’s Ravva asset was awarded the prestigious CII Southern Region "Excellence Award in EHS 2013"awards.
- Cairn India was awarded the prestigious ‘FICCI Corporate Social Responsibility Award - 2013’ under ‘Category : Private Sector Companies with INR 3001 Crores per annum and above turnover’.
- With a three-year CAGR of 121%, Cairn India Ltd was named as the world’s fastest growing energy company, for the second year in a row, in the Platts Top 250 Global Energy Company Rankings 2013.
- 2012 -Cairn India won PetroFed Pipeline Transportation Award.
-Cairn India was awarded the Blue Dart Global CSR Award for 'Best Corporate Social Responsibility Practice Overall'. The award was presented by the Corporate Affairs Minister M Veerappa Moily at the Global CSR awards in Mumbai.
- Cairn India's Mangala Development Pipeline Project stood runners up in the 'Project of the Year Award' at the Project Management National conference 2011 held on 8 September, 2011 in Bangalore.
- Cairn India was accorded the 'Superbrand' status on 27 July, 2011.
- Cairn India won the ‘Golden Peacock Award for Corporate Social Responsibility’ for the year 2011.
- Cairn India and ONGC joint venture commissioned the world’s longest continuously heated and insulated pipeline in June, 2010.
- 2010 - Cairn India Ltd has been awarded ''CARE AAA (Triple A)'' rating by the Credit Analysis and Research Limited (CARE) for its INR 4,000 crore domestic borrowing, which is helping to finance the development of its world class oil fields In Rajasthan.
- -Cairn India’s Managing Director & CEO, Rahul Dhir, received the prestigious Young Entrepreneur Award in the OCEANTEX World Expo 2010. -Cairn India received the Oil & Gas Deal of the Year - 2009 award for Asia Pacific region by Project Finance International (part of the Thomson Reuters Group) for having completed the financing arrangements for USD 1.6 billion at competitive pricing.-Cairn India tops the Platts ranking of Global Energy Companies; Reliance Industries Ltd and ONGC slips down. -Cairn India wins Spotlight Awards by League of American Communications Professionals -Cairn India won the 'Golden Peacock Award for Corporate Social Responsibility' during the year -Cairn India was awarded the 'Superbrand' status on 27 July, 2011. The award was received by Manu Kapoor, Director - Corporate Communication, Affairs & CSR, Cairn India from Planning Commission Deputy Chairman Montek Singh Ahluwalia at a grand ceremony in New Delhi.'