Author: Nickey Mirchandani

[ad_1] Vedanta Ltd. has accepted a $1.5-billion capex plan to spice up output of its oil, zinc and metal companies as the worldwide commodity costs stay elevated on provide crunch and rising demand.The board of Vedanta accepted capital expenditure of $687 million in Cairn Oil and Fuel to extend near-term quantity, the corporate mentioned in an alternate submitting.Of that, $360 million might be spent in direction of infill or extra wells created to faucet oil pockets in prolific fields together with Mangala, Bhagyam, Aishwariya, Aishwariya Barmer Hill, and Ravva, amongst others. It can spend $327 million on exploration throughout the…

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