AP may not bid for NELP gas blocks.THE Andhra Pradesh Andhra Pradesh (än`drə prä`dāsh), state (2001 provisional pop. 75,727,541), 106,052 sq mi (275,608 sq km), SE India, on the Bay of Bengal. The capital is Hyderabad. government is unlikely to bid for oil and natural gas blocks under the eighth edition of New Exploration and Licensing Policy ( NELP- VIII), which will close on October 10, as it is struggling to find a strategic technical partner. The state government has floated a special purpose vehicle ( SPV SPV sheeppox virus. ) with Andhra Pradesh Investment and Infrastructure Corporation ( APIIC) and AP State Power Generation Corporation ( AP Genco) and sought to have collaboration with global gas majors to enter into exploration and production of natural gas. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. sources, the government is desperately looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a technical partner to bid for the blocks. Last week, principal secretary ( industries), Sam Bob said the state government was holding negotiations with stateowned Oil and Natural Gas Commission ( ONGC ONGC Oil and Natural Gas Corporation ONGC Oil and Natural Gas Commission (India) ) for a technical collaboration and strategic partnership in oil and natural gas exploration. A. Srinivasa Rao Copyright 2009 India Today Group. All Rights Reserved. Provided by Syndigate.info an Albawaba.com company |
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