Government to back Assam on oil royalty : Pradhan

Government to back Assam on oil royalty : Pradhan

The Centre would support the state in its legal fight to get additional oil royalty from Oil India Limited (OIL) and Oil and Natural Gas Corporation (ONGC), said Union petroleum and natural gas minister Dharmendra Pradhan.

Former CM Tarun Gogoi and his successor Sarbananda Sonowal have both approached the centre for the payment of royalty on pre-discounted crude oil prices. They have cited a Supreme Court interim order in which Gujarat got its share of royalty on pre-discounted crude prices. Sonowal had submitted a memorandum to PM Narendra Modi on the issue as well.

The public-sector companies owe the state Rs 1,450 crore as additional oil royalty from”I have asked the state government to file a case in the Supreme Court to get arrears amounting to Rs 1,450 crore as in 2014. My ministry will help Assam get its rightful dues,” Pradhan said.

“As a result, 447 MW of power will be generated from these two plants,” he added.

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