Vedanta Oil to Invest $5 Billion to Boost Output Fivefold

Vedanta Oil and Gas Ltd. will invest $5 billion to expand production by more than five times, underscoring India’s push to curb reliance on energy imports.

By Rakesh Sharma, Preeti Soni · Bloomberg Markets

Vedanta Oil and Gas Ltd. will invest $5 billion to expand production by more than five times, underscoring India’s push to curb reliance on energy imports.