Rangarajan plan for profit sharing ready for Cabinet
feBureau: New Delhi, Jan 22 2013, 03:53 IST
on CBM to possibly make it on revenue share basis as in gas exploration. I will also come out soon with a shale gas policy which incentivises big investments,” the minister said.
The ministry intends to carve out shale blocks and hold roadshows for the auction before the end of this year. It has broadly identified blocks in basins such as Cambay, Assam-Arakan, Gondawana, KG onshore, Cauvery onshore and the Indo-Gangetic basins.
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