New Delhi: Mining major Vedanta put as many as 30 bids even as Reliance Industries and its British partner BP Plc made their first joint bid for an oil and gas exploration acreage for the 32 blocks up for auction in latest licensing round. Besides, Oil and Natural Gas Corp (ONGC) bid for 20 blocks while Oil India Ltd (OIL) bid for 16 blocks, among others.
Bidding for 14 blocks on offer in the Open Acreage Licensing Policy (OALP) round-II and another 18 oil and gas blocks and 5 coal-bed methane (CBM) blocks on offer in OALP-III closed on Wednesday.