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RIL denies report on govt seeking $30 billion compensation

Reliance Industries Limited (RIL) has denied a Reuters report claiming the government sought $30 billion in compensation for gas production shortfalls from its KG-D6 block. RIL stated the actual government claim is $247 million, a figure consistently disclosed in its financial statements. The dispute stems from disallowed investment costs and ongoing arbitration proceedings.

30 Dec 2025 12:34 am