Vedanta will invest over $6 billion to double oil and gas production to 4,00,000 barrels per day in 3-4 years. The company, however, wants the government to extend Rajasthan oil field licence without any condition. The company also wants the government to allow export of crude oil produced from the Barmer fields in Rajasthan to discover the right price.
Vedanta is an India-based global diversified natural resources company with operations across zinc, lead, silver, oil and gas, iron ore, copper, aluminum and commercial power. The company operates through segments, including Copper, Aluminium, Iron Ore, Power and Others.
