‘Target Reliance’- Pawan Done The Right Thing?

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Reliance Is The World’s Costliest Energy Stock To Own

Jana Sena Founder Pawan Kalyan stated that he does not concern India’s prime businessmen like Mukesh Ambani and added that he’ll order an enquiry into the exploitation of oil assets in Krishna Godavari Basin by Reliance. He additionally alleged that AP Chief Minister N. Chandrababu Naidu and YSRCP Chief Y.S. Jagan Mohan Reddy haven’t questioned RIL about its over-use of oil assets.

“Either Chandrababu, Lokesh and Jagan fear Ambani or they are also part of the scam,” Pawan Kalyan alleged. Taking on RIL, he questioned the Oil big for closing down its oil and fuel discovery not too long ago, after exploiting assets within the KG Basin for 10 years – from 2008 to 2018.

Quoting the Comptroller and Auditor General (CAG) report of 2015, Pawan stated that CAG report states that there have been irregularities in funds to contracts for drilling effectively within the KG-D6 subject. In 2017, the Oil & Gas Ministry raised a compensation declare, there was no progress on it.

“The compensation to recover nearly $1.1 billion has to be sought from RIL. Further, RIL has deprived the Godavari region of jobs. Whether it is Mukesh Ambani or anyone, Jana Sena will fight for the people,” Pawan added. The Jana Senani additionally slammed the Prime Minister for overlooking such an enormous concern that has disadvantaged AP of pure assets. “If we form the government in 2019, we will hold Mukesh Ambani responsible for RIL’s follies,” he stated.

Political observers say that Jana Sena Chief struck the proper chord with folks by elevating such an important concern. Several Chief Ministers have uncared for this concern. While the deal was struck throughout Y.S. Rajasekhar Reddy’s regime regardless of opposition to it by a number of events in united Andhra Pradesh, Pawan has accomplished the proper factor by highlighting this concern, they opine. After elevating an alarm on the Kidney ailments epidemic in Uddanam on which the state authorities was pressured to behave, this concern of RIL’s exploitation of KG Basin will certainly win Jana Sena brownie factors.

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