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Vedanta invites bids for natural gas from Barmer field in Rajasthan: Report

26 Apr 2022 Evaluate

Vedanta has reportedly invited bids for natural gas from its Barmer field in Rajasthan at a floor price of $7.1 per mmBtu. The company plans to auction 0.10 million metric standard cubic meters a day of natural gas on May 12. The supplies will start no later than June 1 and end on May 31, 2023.

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.

Peers
Company Name CMP
Hindalco Industries 981.90
Vedanta 264.35
Hindustan Zinc 576.05
Jain Resource Recycl 284.70
CMR Green Tech 216.55
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