Bastia, who was in 2007 conferred the Padma Shri for finding the energy-hungry nation’s second biggest gas find to date, resigned from RIL last week, industry sources said. In 2002, RIL made a giant natural gas discovery in the very first well it drilled some 200-km off the east coast in the Bay of Bengal, and Bastia is said to be the man behind the success.
When contacted, Bastia, senior vice-president in RIL, confirmed the development, but refused to either give reasons for his move or disclose what he would be doing next. “As of now, I am not joining anyone,” he said.
Subsequent to the Dhirubhai-1 discovery, Reliance made 17 more gas finds in the block KG-D6. Under Bastia — the only person in the group to have been conferred one of the four highest civilian awards — RIL also found oil in the block and made a sizeable discovery in block NEC-25 off the Odisha coast.
Amid controversies over allegations of irregularities in allocation of coal mines, the Coal Ministry has identified 54 blocks to be allocated to ...