Posted on June 16, 2009

panch-tattva talk…K-G Basin Gas

Friends, Bombay Highcourt passed an order asking RIL to supply gas at $2.34 per mmbtu for 17 years to RNRL. The loss to RIL at this price has been calculated at Rs 50000 crs and the RIL scrip lost heavily on the bourses ( it lost even when the eventual gain (now lost) was not … Continue reading