to build the 1,200 MW Long Phu 2 supercritical coal-fired thermal power project in the Sóc Trăng Province. In November 2017, the company was awarded a $54 million contract to build a 49 MW plant in Loc Tan commune, Loc Ninh district. Adani Green Energy and Suzlon Energy are also exploring investment opportunities in Vietnam. In July 2021, the Vietnamese Embassy organized a trade and investment promotion session in Hyderabad for the Indian pharmaceutical industry with the goal a building a $500 million pharmaceutical park in Vietnam. Oil exploration ONGC Videsh, the international subsidiary of Indian government-owned Oil and Natural Gas Corporation (ONGC), began operating in Vietnam in 1988 when it was awarded an exploration licence for Block 6.1. Block 6.1 is spread over a 955 km2 area in the Nam Con Son Basin of the South China Sea and has two producing fields - Lan Tay and Lan Rosneft. ONGC Videsh owns a 45% in Block 6.1 and its share of condensate and oil equivalent gas production from the block was 1.33 million tonnes in 2020–21. Russia's Rosneft holds a 35% stake and the remaining 20% is held by Petrovietnam. ONGC Videsh was awarded exploration licences for Block-127 and Block-128 in May 2006, which became effective on 16 June 2006. ONGC relinquished its rights to Block-127 a few years later due to poor prospects but continued drilling in Block-128. Block-128 is a deepwater exploratory block spread over an area of 7,058 square kilometers in the Phu Khanh basin of the South China Sea. In March 2008, Essar Exploration & Production, Mauritius, a subsidiary of Essar Oil, was awarded a 50% stake in Block 114 spread over an area of 5,925 km2 in Song Hong basin. China did not raise any objections at the time the blocks were awarded. In September 2011, China warned India not to cooperate with Vietnam in oil exploration, referring to such exploration as "illegal and invalid" and a violation of China's sovereignty. Chinese Foreign Ministry spokesperson Jiang Yu stated, "Our consistent position is that we are opposed to any country engaging in oil and gas exploration and development activities in waters under China's jurisdiction". She also stressed that China enjoyed "indisputable sovereignty" over the South China Sea and its islands. China's official state-run press agency Xinhua published an article accusing India of "aggressive moves", and claiming that "efforts by Vietnam to draw in India, and