Ratna consortium angry at new government terms Vol 9, PW 2 (04 May 05) People & Policy Imagine this. You are awarded a discovered field nine years ago. At the time of the award you are liable to pay Rs900 ($20) cess (tax) on a tonne of produced oil and Rs528 ($12) per tonne royalty.... Buy this article forRs590 $9For a 30-article or annual subscription rates click here RelatedSharma still not confirmed as ONGC chairman (11 Jan 07) Getting ready to sign a PSC for Ratna oilfield at last (11 Aug 05) Ratna royalty dispute moves on to law ministry (14 Jul 05) Essar and Premier protest new terms for Ratna PSC (18 May 05) Ratna consortium angry at new government terms (04 May 05) ICICI backs down on Ratna fight with ministry (24 Mar 04) More delay for Ratna PSC following ICICI letter (19 Nov 03) Ratna PSC imminent as ministry sets terms (30 Jul 03) No Ratna PSC until Essar shows loan with ICICI (09 Oct 02) Britain to push for Ratna in talks with Ram Naik (27 Oct 99)
