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Reliance to supply 40% of India's gas, oil!
September 22, 2008
RIL holds 90% Participating Interest (PI) and Niko Resources Limited holds 10% PI in the block.
Reliance is the largest exploration acreage holder in the private sector in India. Its E&P assets consist of 54 blocks spanning eight countries.
With 42 discoveries to date, Reliance has an exploration success ratio of over 60% which is significantly higher than global averages.
Image: The late Dhirubhai Ambani, founder chairman of Reliance Industries. | Rediff.com file photograph
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