![Oil hunt: Niti Aayog moots Indian funding, foreign expertise](https://cdn.energydais.com/media/images/news/download_1_1_tnPPw7I.jpg)
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In a proposal sent to the petroleum ministry for consultation, Niti Aayog has recommended setting up a special purpose vehicle (SPV) for exploration, which will be equally funded by the government and state-run oil and gas companies, according to people familiar with the matter.