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Explain KG gas row, Congress to CM

Tuesday, 4 December 2012 - 4:27pm IST | Place: Ahmedabad | Agency: dna
Congress on Monday sought answers from chief minister Narendra Modi over the Tehelka report.

Congress on Monday sought answers from chief minister Narendra Modi over the Tehelka report, alleging that his government gave away stake worth Rs20,000 crore in GSPC’s gas exploration project in KG basin to a foreign company for virtually nothing.

Information & Broadcasting minister Manish Tewari said the story raised certain questions, which the state government, and especially the chief minister must answer. “Who is the beneficiary,” asked Tewari.

“Why were six crore people of Gujarat made to bear the cost, which the particular company was supposed to pay? We would like the chief minister to answer this,” said Tewari, adding that he wasn’t demanding any probe into the matter.

A recent report by Tehelka alleged that Modi government gave away 10 % stake in GSPC’s KG Basin gas-field to Geoglobal Resources, a company that existed only on paper. Negating the allegation, state energy minister Saurabh Patel said, “GSPC has already communicated in writing in August 2010 that Geoglobal has no participating interest in the gas block and the contract stands cancelled.” Patel said that the matter was pending before union petroleum ministry since then.




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