We have exploration assets in four countries: Oil India Limited CMD Bora
Bigger oil PSUs will be in a better position to safeguard their interests against green energy
Policy will be applicable for 5 years
A holding company model will be much easier and low in risk to implement. The proposal is yet to reach the petroleum ministry
For crude oil and not the net rate they actually realise
Acquisition is subject to relevant board, government and regulatory approvals and is expected to close by September
Petrol price was hiked by Rs 2.19 a litre and diesel prices was increased by 98 paise per litre.