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Cairn India Limited and its partners aims to to invest Rs 3,240 crore in the Ravva Fields in the Krishna Godavari Basin for undertaking 20 developmental Wells and to set up related infrastructure.
Cairn India Limited has approached the Ministry of Environment Forest and Climate Change for necessary clearances for the proposed project.
As per the minutes of the meeting by Expert Appraisal Committee under the Ministry, the proposal has been given green signal as far as Coastal Regulation Zone (CRZ) is concerned.
