New Delhi, Aug. 12 -- Mining major Vedanta Ltd told the Delhi High Court on Wednesday that if the Centre wants to maximize revenue from Gujarat's offshore oil and gas field, it must amend its existing policy on contract extensions rather than arbitrarily reject the company's application based on unstated criteria.

The company is appealing a single-judge order that upheld the Centre's September 2025 decision to deny a 10-year extension for its CB-OS/2 block in the Cambay Basin.

Senior advocates Mukul Rohatgi and Jayant Mehta, representing Vedanta, said the company was not asking the court to grant an extension, but was simply seeking a fair consideration of its application under the government's 2017 Extension Policy.

"Once you have pre...