07 Feb, 2012
Oil Min rejects RIL's gas price hike plan:Sources
The Oil ministry has rejected Reliance Industries' (RIL's) plan to hike the cost of gas produced from the KG-D6 oil wells atleast for five years say CNBC-TV18 sources. But RIL says raising the price to $ 6 per unit is a viable option as they have run into cost overruns on the project.
Source: Moneycontrol.com