Vedanta receives Rajasthan PSC extension

Vedanta Ltd. unit Cairn Oil & Gas has received its court-directed extension of the production-sharing contract covering oil and gas production in Rajasthan, India. The Ministry of Petroleum and Natural Gas of India extended the PSC for the RJ-ON-90/1 block by 10 years from May 15, 2020, the day after the scheduled expiration.


Source: News