In the fifth round of bidding, the latest under the Open Acreage Licensing Policy (OALP), the government received just 12 bids for 11 blocks on offer. This included 7 bids by ONGC and 4 by Oil India. For just one block, ONGC will compete with a private bidder, Invenire Petrodyne Ltd.from Energy-Industry-Economic Times https://ift.tt/2VFL4e7
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