 "KG-D6 row: Govt slaps Rs 1700-cr penalty on RIL, BP")
Reliance Industries has pushed back the start of production from the second wave of discoveries in its eastern offshore KG-D6 block to September/October after the Covid-19 lockdown imposed unprecedented constraints in execution of the deepwater project.
The company, along with its partner BP Plc of the UK, was initially targeting the start of production from the R-Series field in the Krishna Godavari block in May but pushed it back to June-end due to the lockdown.
The lockdown has further pushed the start of production to mid of 2020-21 fiscal, Reliance said in its latest annual report.
Fiscal year runs from
