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KG Basin Gas to become state property?
By: Tupaki Desk | 8 July 2014 7:51 AM GMT
KG Basin in Seemandhra is turning out to be a top level issue in Andhra Pradesh. This property weighs few Lakh Crores and people in this region are not interested to sell that to the outside vendors for less price that too without any regional benefits.
Recently, a meetup was held by few power generation companies in Seemandhra. Chandra Babu Naidu shared his future plans with this group and few concerns were raised in this meetup on the gas production in Seemandhra. There were few power plants which depends on gas to generate power and these companies requested Chandra Babu to make a deal with the KG Basin companies to allocate gas to local companies.
As demands are increasing from both the local people and the local companies of Seemandhra, Chandra Babu may come up with a strategy to make KG Basic a state property. Even though, it was given as lease to outside companies, Chandra Babu may demand share to Seemandhra.
Recently, a meetup was held by few power generation companies in Seemandhra. Chandra Babu Naidu shared his future plans with this group and few concerns were raised in this meetup on the gas production in Seemandhra. There were few power plants which depends on gas to generate power and these companies requested Chandra Babu to make a deal with the KG Basin companies to allocate gas to local companies.
As demands are increasing from both the local people and the local companies of Seemandhra, Chandra Babu may come up with a strategy to make KG Basic a state property. Even though, it was given as lease to outside companies, Chandra Babu may demand share to Seemandhra.
