MINISTER OF STATE IN THE MINISTRY OF PETROLEUM & NATURAL GAS (SHRI R.P.N.SINGH)
(a) & (b). Yes, Madam. the Government of India formulated New Exploration Licensing Policy (NELP)
during 1997 to provide a level playing field to both public and private sector companies in
exploration and exploitation of hydrocarbon resources in the country. Under the NELP policy,
any company, Private, Foreign or Public Sector Undertaking, can bid for the exploration blocks
offered through International Competitive Bidding, with participating Interest (P.I), upto
the extent of 100%.
Out of 248 exploration blocks awarded so far under nine rounds of NELP, 68 blocks
were awarded to Private Companies, and 39 blocks to Foreign Companies, as Operators.
As far as the State of Andhra Pradesh is concerned, so far, 1 exploration block, namely,
KG-ONN-2003/1 has been awarded under NELP-V round to a Foreign company, M/s Cairn Energy India
Limited as Operator with 49% Participating Interest and Oil and Natural Gas Corporation Ltd as
Consortium Partner with 51% Participating Interest.
(c) . No, Madam.
(d). Does not arise in view of (c) above.