• SENSEX
    NIFTY 50
Business
Powered by:

Reliance-BP makes first bid for oil block; Vedanta bids for 30, ONGC 20

Updated : May 16, 2019 02:52 PM IST

Bidding for 14 blocks on offer in the Open Acreage Licensing Policy (OALP) round-II and another 18 oil and gas blocks and 5 coal-bed methane (CBM) blocks on offer in OALP-III closed on Wednesday.
Official sources said Vedanta, which had walked away with 41 out of the 55 blocks offered in OALP-I last year, bid for 30 areas.
The 55 blocks have a total area of 59,282 sq km.
Reliance-BP makes first bid for oil block; Vedanta bids for 30, ONGC 20
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV