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We found 2 dictionaries that define the word new exploration licensing policy:

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  1. New Exploration Licensing Policy, New Exploration Licensing Policy: Wikipedia, the Free Encyclopedia

Definitions from Wikipedia (New Exploration Licensing Policy)

noun:  conceptualised by the Government of India, during 1997-98 to provide an equal platform to both Public and Private sector companies in exploration and production of hydrocarbons with Directorate General of Hydrocarbons as a nodal agency for its implementation.


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