Press Esc to close

Cong seeks Modi's reply on dubious gas deal

New Delhi, Dec 3, 2012, DHNS: : 1:16 IST
Gujarat Chief Minister Narendra Modi has landed in trouble, with the Congress demanding a “responsible” clarification on a recent media report on his government entering into a “scandalous” contract with a “dubious” company for a gas exploration project.

GeoGlobal

The BJP government in Gujarat allegedly inked a deal in 2003 with GeoGlobal, a Barbados-based company with a capital of just $ 64, even as it did not pay a single cent for its stake in an expansive gas field at the Krishna-Godavari basin that the state government had won through bidding.

An Indian company, Jubiliant Enpro Private Limited, was also a partner in the deal.
Moreover, the 10 per cent share to the cost of exploration of the company, owned by one Jean Paul Roy, was allegedly borne by the Gujarat State Petroleum Corporation (GSPC), a public sector unit.

Go to Top

Most trending stories
Photo Gallery
An employee walks past a poster of the upcoming Bollywood movie 'Padmavati' outside a theatre...

An employee walks past a poster of the upcoming Bollywood movie 'Padmavati' outside a theatre...

Smoke billowing from a building after a leather goods manufacturing unit caught fire in Kolkata...

Smoke billowing from a building after a leather goods manufacturing unit caught fire in Kolkata...

India's Shashi Chopra (Blue) is declared winner against Namuun Monkhor of Mongolia...

India's Shashi Chopra (Blue) is declared winner against Namuun Monkhor of Mongolia...

Members of the NDRF and officials conducting a tsunami mock drill in Puducherry on Friday...

Members of the NDRF and officials conducting a tsunami mock drill in Puducherry on Friday...

Congress vice-president Rahul Gandhi addressing a rally in Porbanbar, Gujarat...

Congress vice-president Rahul Gandhi addressing a rally in Porbanbar, Gujarat...

A view of the Taj Mahal Palace hotel which was a target during the 26/11 terror attack...

A view of the Taj Mahal Palace hotel which was a target during the 26/11 terror attack...

Derailed coaches of Vasco Da Gama-Patna express train near Manikpur railway station in Manikpur...

Derailed coaches of Vasco Da Gama-Patna express train near Manikpur railway station in Manikpur...

Vendors sell fish at a fish market in Kolkata, India...

Vendors sell fish at a fish market in Kolkata, India...

A worker applies colour to strings which will be used to fly kites, by a roadside in Ahmedabad...

A worker applies colour to strings which will be used to fly kites, by a roadside in Ahmedabad...

A girl collecting fallen Chinar leaves at a Mughal Garden on the out skirts of Srinagar...

A girl collecting fallen Chinar leaves at a Mughal Garden on the out skirts of Srinagar...

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.