MOU WITH GEECL SIGNED IN THE PRESENCE OF STALIN
Posted on: 05/Jan/2011 12:27:55 AM
Tamilnadu government has got into an arrangement with Great Eastern Energy Corporation Limited (GEECL) for the production of Coal Bed Methane (CBM) in Mannargudi area covering Tiruvarur and Thanjavur districts.
Mr Rajeev Ranjan, Principal Secretary to Government, Industries Department, and Yogendra Kumar Modi, Chairman and Chief Executive Officer of GEECL, in the presence of Deputy Chief Minister M.K. Stalin
According to government’s press release the GEECL has proposed to invest Rs.100 crore initially for the exploration activity and will invest further Rs 3500 Crores after the production is started following the establishment of viability and feasibility on production of CBM.The project is likely to generate direct and indirect employment to about 1500 persons.
