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RIL to create $2 bn SPV for investing in shale gas ventures

  • 2:23
  • Published On: May 19, 2011
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Reliance Industries is in the process of creating a Special purpose Vehicle for investing in all its Shale Gas ventures with an initial investment of $1.5-2 billion into this SPV. Sources say Reliance is in talks with the Reserve bank of India for getting clearances.
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