India’s supreme audit institution CAG today said it is in the process of auditing government’s gas contract with Mukesh Ambani-led RIL, but has not been able to access the books of the contractor for about two years.
“Audit has gone into a limbo, so we cannot share much details,” a top official at the Comptroller and Auditor General said on the condition of anonymity, when asked if the audit has been done on the capital expenditure of Rs 45,000 crore by RIL in its Krishna-Godavari basin gas fields.
The CAG official said the special audit was being done on the government’s request under the New Exploration Licensing Policy (NELP) for finding natural gas and other petroleum products.