Date:08/04/2005 URL: http://www.thehindu.com/2005/04/08/stories/2005040804381501.htm

Business - Briefly

Nod for Reliance investment

NEW DELHI, APRIL 7. The Government has approved Reliance Industries' $2.49 billion investment plan to develop its huge gas find in the Krishna Godavari basin, off the east coast. Reliance Industries will produce 40 million standard cubic meter a day of gas from the Dhirubhai-1 and Dhirubhai-3 fields from end 2007 or early 2008, said Vinod K. Sibal, Director General, Directorate General of Hydrocarbons, the Government's upstream nodal agency.

— PTI