Vedanta Calls for Bids for Natural Gas from its Rajasthan Block

Vedanta Ltd., the Indian minerals and mining giant has invited bids for Natural Gas extracted from its Rajasthan Block.

Vedanta has quoted a floor price of USD 9.57 per Metric Million British Thermal Unit (MMBtu) and plans to sell 3 Million Metric Standard cubic meters a day (MMSCMD) of gas in the auction scheduled for 18th January 2023.

Natural Gas will be supplied for a period of 1 year starting 1st April 2023 from the company’s Raageshwari gas terminal in Barmer, Rajasthan.