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  • Oil Ministry, penalty on Reliance, usd 579 mn penalty on reliance, Oil minister dharmendra pradhan

    USD 579 mn penalty on Reliance 14 July 2014

    The Central government has slapped Reliance Industries [RIL] with an additional penalty of USD579 millions for producing less than targeted natural gas from its Krishna-Godavari [KG] D6 block.  With this the total penalty on RIL stands at USD 2.376 billions...

    Keywords: Krishna-Godavari Basin, Oil Ministry, Petroleum Minister Dharmendra Pradhan, Business News

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