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Vedanta To Invest $245 Mn In 10 Oil, Gas Blocks

by moneycontrol.com posted 2weeks ago 14 views
Vedanta had won 41 out of the 55 blocks in OALP-1 bid round and committed to invest $551 million. : Vedanta Ltd July 3 said it will invest $245 million for finding oil and natural gas over the next 3-4 years in the 10 areas it won in the latest licensing round. The firm won 10 blocks - 7 onshore and 3 offshore, in the Open Acreage Licensing Policy (OALP) Round-II and III, winners of which were announced on July 2.