OIL pays Rs 2.49 crore royalty to Arunachal Pradesh

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Source: Business Standards

Oil India Limited has made a payment of Rs 2.49 crore to Arunachal Pradesh against differential royalty on oil for February 2014 to March this year.

General Manager of Oil India, Duliajan (Assam), A K Acharya handed over the cheque to Chief Minister Pema Khandu in his office yesterday.

The GM briefed Khandu on the pending issues of Ningru oil field and requested him to expedite the Petroleum Mining Lease, an official release said here today.

He also apprised Khandu of the yet to be signed MoU of 10 MW gas power plant.
The Chief Minister assured him to fast-track the pending issues and asked the firm to take up more activities in the state as it has abundant mineral oil resources which need to be tapped properly, the release said.

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