Reliance Industries informed the Oil Ministry that Krishna Godawari Project is among the lowest in the World. RIL’s agreement with the Government may lead to a hike in retail power tariff by Re 1 Per Unit. RIL’s President & CEO PMS Prasad wrote to the Oil Secretory on August 20, saying the hike in Capital Expenditure from Rs 12000 crore to Rs 45000 was due to a combination of factors.
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