The government may consider giving approval to the London-listed mining group Vedanta Resources' $9.6 billion acquisition of Cairn India next week, Oil Minister S Jaipal Reddy said today.
Reddy said his ministry had last week circulated a Cabinet note listing issues for approval.
"It may be taken up by Cabinet next week," he said here.
Vedanta had on August 16 last year announced buying majority stake in the company, that owns the nation's largest onland oil field, from UK's Cairn Energy Plc. The deal is to close by April 15.