$600 Mn Expected In Ninth Round

<?xml version="1.0" encoding="UTF-8"?><root available-locales="en_US," default-locale="en_US"><static-content language-id="en_US"><![CDATA[<p>India's upstream regulator hopes to get an investment of $600 million (Rs 3,048 crore) in the ninth exploration licensing round, its Director General S. K. Srivastava said on Wednesday.<br><br>State-run companies have won operating rights for almost half of the 16 blocks awarded under the country's ninth exploration licensing round, a government statement said, with foreign firms yet again hardly in evidence.<br><br>(Reuters)</p>