Govt invites bids to unlock oil, gas worth Rs 1L cr - Top Trending News, Top Trending Topics, Videos & Popular News

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Friday, August 10, 2018

Govt invites bids to unlock oil, gas worth Rs 1L cr

The government has made the second round more attractive for investors by pruning the royalty rate from 10% to 7.5% for offshore discoveries, while retaining other measures taken to simplify policy with a view to making it easier for explorers to do business by reducing government overhang.

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