CM Pema Khandu hands over Petroleum Exploration Licenses to Vedanta Limited

Our Correspondent

Itanagar: Arunachal Pradesh Chief Minister Pema Khandu on Tuesday handed over the Petroleum Exploration Licenses (PEL) to Vedanta Limited for the exploration of hydrocarbon resources in three exploration blocks in the State.

The three blocks are spread across 74.4 sq km of area in the districts of Changlang, Tirap and West Siang.

The exploration in these blocks consists of two phases – initial exploration phase and subsequent exploration phase and the exploration period of each phase is of three years with a provision for an additional one-year extension, sources at the CMO informed.

The grant of licenses for the blocks would lead to an increase in the exploration activities in the hydrocarbon sector in Arunachal. In course of time, these exploration activities would reveal the potential hydrocarbon reservoir of the state, which in turn would benefit the state in terms of revenue, employment, and infrastructure development through CSR activities, the sources added.

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