mumbai reliance industries indias largest private firm is planning to raise 2 billion to part fund the development of its giant d6 gas field in the krishnagodavari basin off the andhra coast in a forthcoming board meeting to be held on february 24 the board is going to review its november 9 2006 decision to raise the said amount to fund a capex planned in the oil and gas exploration and production business a company regulatory filing said to bse raising of further resources to finance the ongoing capital expenditure across several new projects through syndicate loans nonconvertible debentures convertible debentures ecbs fccbs preference shares warrants etc would be considered in the meeting the company said reliance plans to begin gas production from the d6 field by junejuly 2008 and will infuse 52 billion to drill wells and set up facilities for the same the company will begin oil production from the field in the first quarter of 2008 through separate set of five wells investment for which is yet to be decided