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View Full Version : CCEA approves additional investment in OVL block BC-10, Brazil



NewsWhore
11-12-2009, 08:40 AM
New Delhi, Nov 12 : The Cabinet Committee on Economic Affairs on Thursday authorized Oil and Natural Gas Company Videsh Limited (OVL) to make an additional investment of USD70 million taking the total cash sink to USD83 million for the project BC-10, Brazil from its own resources without any funding or guarantee support from Government of India.

More... (http://story.brazilsun.com/index.php/ct/9/cid/24437442923341f1/id/564657/cs/1/)