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Vedanta Ltd - News Clarification - April 26, 2019

| Updated on April 30, 2019 Published on April 30, 2019

This is with reference to your email dated April 26, 2019 regarding a news item titled "Vedanta gets green nod for Rs 12,000 crore oil gas expansion project in Rajasthan.

We would like to clarify that the media story titled Vedanta gets green nod for 12,000 cr. project is with regard to environmental clearance accorded by the Ministry of Environment, Forest and Climate Change to the Companys Oil and Gas Division for enhancement of onshore oil and gas production from 300,000 BOPD to 400,000 BOPD and 165 MMSCFD to 750 MMSCFD from RJ-ON-90/1 Block at Barmer, Rajasthan. We would like to inform that the approval has been recommended basis a normal proposal and is subject to compliance of certain terms and conditions which will need to be adhered to, prior to undertaking any commitment.

We would also like to clarify that the media story was published by the Press Trust of India (PTI), and subsequently picked up by various other dailies across the country. The stories report the source as an official circular. As mentioned earlier, while the Company has been accorded an environmental clearance, the rest of the details of the story is not based on any information or quote which has been shared by the Company or its officials.

Pdf Link: Vedanta Ltd - News Clarification - April 26, 2019

Source : BSE - www.bseindia.com

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Published on April 30, 2019
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