KG Basin row: RIL claims returns to govt surpass what ONGC could have delivered
New Delhi: Reliance Industries Ltd (RIL) on Thursday told the Supreme Court that its development of the KG-D6 basin has yielded significantly higher returns for the government than a potential operation by state-owned ONGC would have achieved.
On the third day of arguments in the long-standing gas migration dispute, the RIL-led consortium claimed it had proposed joint development with ONGC as early as 2002—an initiative it alleges the government failed to facilitate.
