In a significant move, the Reliance Industries Ltd (RIL) has declared that the “higher price” being offered by the Government of India to it for oil and gas exploration off Andhra Pradesh coast is “not market linked”, and it should get an even more, in keeping with market realities. The "revision", which the Government of India has still not formally announced, is from $4.2 per MMBtu (million British thermal units) to $8.4 MMBtu, which was challenged by several politicians, including Aam Aadmi Party (AAP) leader Arvind Kejriwal, who claimed it would mean a “windfall” of Rs 54,500 crore to the RIL.