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Nod for Reliance investment

NEW DELHI, APRIL 7. The Government has approved Reliance Industries' $2.49 billion investment plan to develop its huge gas find in the Krishna Godavari basin, off the east coast. Reliance Industries will produce 40 million standard cubic meter a day of gas from the Dhirubhai-1 and Dhirubhai-3 fields from end 2007 or early 2008, said Vinod K. Sibal, Director General, Directorate General of Hydrocarbons, the Government's upstream nodal agency.

— PTI

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