Vedanta bags 41 blocks in open Acreage auction
New Delhi   29-Aug-2018

Vedanta Ltd has won 41 of the 55 blocks that were offered during the first round of bids called under the Open Acreage approach. Oil India won nine blocks, ONGC two, and Bharat Petroresources, Hindustan Oil Exploration Company and GAIL one block each during the round.

Under the Open Acreage regime, companies are free to decide on the area they want to bid for.