Government provides an infrastructure which costs a fortune. - TopicsExpress



          

Government provides an infrastructure which costs a fortune. Therefore, if the production targets are not met, it incurs costs on profits to the government. Having seen the oil production by RIL in the KG (Krishna-Godavari) Basin drop to about a tenth of the original target of 80 million cubic meters per day, the government is going to slap an additional penalty on the RIL to the tune of $578million. Its a setback to all those calling Modi an agent of Ambani. Our sympathies. ________________________ articles.economictimes.indiatimes/2014-06-25/news/50855933_1_kg-d6-block-excess-or-unutilised-infrastructure-niko-resources
Posted on: Fri, 27 Jun 2014 09:21:26 +0000

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