RIL chairman Mukesh Ambani has said that the company is looking for more monetisation of its assets in the KG-D6 block along with its partner BP.
"Our KG D6 block has produced 2.6 TCF of gas and 29 million barrels of crude oil since commencement of output. We are making our best efforts to sustain production from this complex deep water basin. We are also evaluating, along with our partner BP, development plans to monetise the remaining resources of 4-5 TCF from this block, in the framework of the new gas pricing policy," Ambani said while speaking at the company's AGM.
Reliance has developed 'unconventional' coal-bed methane (CBM) blocks in Madhya Pradesh along with a 300 km pipeline to transport gas to customers. This development is in advanced stages of completion and production is expected to commence in the current financial year, Ambani added.
Rs 5k cr fund for startups
Reliance Jio has set up a Rs 5,000-crore venture capital fund to help young entrepreneurs in the country build their business. Mukesh Ambani said Reliance Jio's aim is to build a platform for young Indians who want to create "businesses of the future".
"Reliance Jio Digital India Startup Fund sets aside Rs 5,000 crore of venture capital to be invested over the next five years to encourage young entrepreneurs to build their businesses ground up in India," Ambani said.
He added that the telecom unit plans to partner thousands of Indian entrepreneurs "whose digital ventures can bloom in the grounds that Jio is preparing".
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RIL chairman Mukesh Ambani has said that the company is looking for more monetisation of its assets in the KG-D6 block along with its partner BP.
"Our KG D6 block has produced 2.6 TCF of gas and 29 million barrels of crude oil since commencement of output. We are making our best efforts to sustain production from this complex deep water basin. We are also evaluating, along with our partner BP, development plans to monetise the remaining resources of 4-5 TCF from this block, in the framework of the new gas pricing policy,” Ambani said while speaking at the company’s AGM.
Reliance has developed 'unconventional’ coal-bed methane (CBM) blocks in Madhya Pradesh along with a 300 km pipeline to transport gas to customers. This development is in advanced stages of completion and production is expected to commence in the current financial year, Ambani added.
Rs 5k cr fund for startups
Reliance Jio has set up a Rs 5,000-crore venture capital fund to help young entrepreneurs in the country build their business. Mukesh Ambani said Reliance Jio’s aim is to build a platform for young Indians who want to create "businesses of the future”.
"Reliance Jio Digital India Startup Fund sets aside Rs 5,000 crore of venture capital to be invested over the next five years to encourage young entrepreneurs to build their businesses ground up in India,” Ambani said.
He added that the telecom unit plans to partner thousands of Indian entrepreneurs "whose digital ventures can bloom in the grounds that Jio is preparing”.
"Our KG D6 block has produced 2.6 TCF of gas and 29 million barrels of crude oil since commencement of output. We are making our best efforts to sustain production from this complex deep water basin. We are also evaluating, along with our partner BP, development plans to monetise the remaining resources of 4-5 TCF from this block, in the framework of the new gas pricing policy," Ambani said while speaking at the company's AGM.
Reliance has developed 'unconventional' coal-bed methane (CBM) blocks in Madhya Pradesh along with a 300 km pipeline to transport gas to customers. This development is in advanced stages of completion and production is expected to commence in the current financial year, Ambani added.
Rs 5k cr fund for startups
Reliance Jio has set up a Rs 5,000-crore venture capital fund to help young entrepreneurs in the country build their business. Mukesh Ambani said Reliance Jio's aim is to build a platform for young Indians who want to create "businesses of the future".
"Reliance Jio Digital India Startup Fund sets aside Rs 5,000 crore of venture capital to be invested over the next five years to encourage young entrepreneurs to build their businesses ground up in India," Ambani said.
He added that the telecom unit plans to partner thousands of Indian entrepreneurs "whose digital ventures can bloom in the grounds that Jio is preparing".
RIL chairman Mukesh Ambani has said that the company is looking for more monetisation of its assets in the KG-D6 block along with its partner BP."Our KG D6 block has produced 2.6 TCF of gas and 29 million barrels of crude oil since commencement of output. We are making our best efforts to sustain production from this complex deep water basin. We are also evaluating, along with our partner BP, development plans to monetise the remaining resources of 4-5 TCF from this block, in the framework of the new gas pricing policy,” Ambani said while speaking at the company’s AGM.
Reliance has developed 'unconventional’ coal-bed methane (CBM) blocks in Madhya Pradesh along with a 300 km pipeline to transport gas to customers. This development is in advanced stages of completion and production is expected to commence in the current financial year, Ambani added.
Rs 5k cr fund for startups
Reliance Jio has set up a Rs 5,000-crore venture capital fund to help young entrepreneurs in the country build their business. Mukesh Ambani said Reliance Jio’s aim is to build a platform for young Indians who want to create "businesses of the future”.
"Reliance Jio Digital India Startup Fund sets aside Rs 5,000 crore of venture capital to be invested over the next five years to encourage young entrepreneurs to build their businesses ground up in India,” Ambani said.
He added that the telecom unit plans to partner thousands of Indian entrepreneurs "whose digital ventures can bloom in the grounds that Jio is preparing”.