<p>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.<br /><br />GeoGlobal<br /><br /></p>.<p>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. <br /><br />An Indian company, Jubiliant Enpro Private Limited, was also a partner in the deal.<br />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.<br /></p>
<p>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.<br /><br />GeoGlobal<br /><br /></p>.<p>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. <br /><br />An Indian company, Jubiliant Enpro Private Limited, was also a partner in the deal.<br />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.<br /></p>
