Arunachal CM hands over PEL to Vedanta Limited

Itanagar, Feb 18 () Arunachal Pradesh ChiefMinister Pema Khandu on Tuesday handed over the PetroleumExploration Licenses (PEL) to Vedanta Limited for explorationof hydrocarbon resources in three exploration blocks in thestate.

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

The exploration in these blocks consists of two phases initial exploration phase and subsequent exploration phaseand the exploration period of each phase is of three yearswith a provision for an additional one-year extension, sourcesat the CMO said.

The grant of licenses for the blocks would lead to anincrease in the exploration activities in the hydrocarbonsector in Arunachal Pradesh.

In course of time, these exploration activities wouldreveal the potential of hydrocarbon reservoir of the state,which in turn would benefit the state in terms of revenue,employment and infrastructure development through CSRactivities, the sources added. UPLRG RG