Page-2 of RIL

Gas production from KG-D6 declines

December 23, 2012

Gas output from India’s biggest gas producing fields in the Krishna Godavari basin (KG-D6) continued to decline and reched its lowest level since its inception. After touching peak production levels of 60 million of gas per day (mmscmd), the output ..

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RIL plans to invest $10 billion on 4G network

December 21, 2012

After winning the licence to offer 4G network in 2010, Reliance Industries Ltd. (RIL) is now planning to invest $10 billion to start its 4G network across the country. Reliance will soon launch LTE (Long Term Evolution) network which is ..

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CAG waits for pending RIL's KG-D6 records

December 16, 2012

The Comptroller and Auditor General (CAG) has said that it has not been provided with full access to all the documents required for the expenditure audit related to Panna-Mukta-Tapti (PMT) and KG-D6 blocks relating to expenditure for previous years up ..

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RIL welcomes CAG’s withdrawal of Performance audit on private operators

November 8, 2012

Reliance Industries Ltd (RIL) conveyed that it has no objection to an audit by any government agency. The company appreciated India’s national auditor Comptroller and Auditor General of India (CAG) decision of not conducting performance audit of RIL-operated Krishna-Godavari oil ..

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Oil Ministry’s approval to RIL’s plan to increase KG-D6 production

October 24, 2012

Oil Ministry approved Reliance Industries’ plans to increase natural gas output from the flagging KG-D6 and agreed that CAG cannot do a performance audit of the company. The Ministry agreed to RIL stand that an audit by the Comptroller and ..

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