Govt fines Reliance, partners â¹1700cr for not meeting target
The government has imposed a $264 million (nearly â¹1,700 crore) penalty on Reliance Industries and its partners for producing less than targeted natural gas from KG-D6 fields in 2015-16. The partners are UK's BP and Canada's Niko Resources. The total penalty for missing the target during six years beginning April 1, 2010, stands at $3.02 billion, an official said.