Vedanta, ONGC Top Bidders In Oil Block Auction

Vedanta, ONGC Top Bidders In Oil Block Auction

Mining moghul Anil Agarwal’s Vedanta Ltd and state-owned ONGC were top bidders on Wednesday for 55 oil and gas blocks offered in India’s maiden open acreage auction that was shunned by domestic private and international energy majors.

Coal India Urges Government To Help Recover Dues

Coal India Urges Government To Help Recover Dues

Dues of power plants to Coal India increased to Rs 12,300 crore at the end of February from Rs 9,000 crore in May last year, prompting officials of the state-run monopoly miner to request the power ministry to intervene and help recover the amount.

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