Fetching News Details

Vedanta granted 10 year extension on Rajasthan block
Oct. 30, 2018

Vedanta granted 10 year extension on Rajasthan block

The Government of India has extended Vedanta’s contract for the Rajasthan block by 10 years, the company informed through a regulatory filing. Vedanta has been in a 3-year long legal dispute, which is still underway, with the government over the terms of the renewal. The government wanted an added 10% share in profit from the Rajasthan field during the extension, to which Vedanta had refused.

⬅ all news

Please Login to Save News for Later