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07-Aug2018

Vedanta set to bag 40 oil and gas exploration blocks

Vedanta is likely to bag as many as 40 oil and gas exploration blocks in India's maiden open acreage auction. An Empowered Committee of Secretaries (ECS) has cleared award of blocks offered in OALP-1, bidding for which closed on May 2.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.


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