Footnote to Neduvasal blog:

Footnote to Neduvasal blog: After seeing an article about the land lease for the project and the copies of exploration licenses issued to ONGC by the state government, have this to say on scrapping of the project.

Like the Jallikattu issue, it is well within the scope of the farmers and the State Government to get the project cancelled.

One, the farmers can either ask for the land lease to be scrapped legally if they find the lease clause has been violated, or if they do not want to give fresh lease to the new operators who would be taking over after the recent bid round and awards.  

Second, the earlier mining license issued by the State was for exploration to ONGC. Now, the new operator has to seek fresh mining license for production, and the State can deny the rights. So, effectively in two simple steps they can put a full stop to the Neduvasal project.


This is not a large or a prolific field that any operator can and rake in profits, so this is no big upset to the indigenous oil production targets. It would if at all only be a setback to Tamil Nadu – viewed as an investor unfriendly state. One need not worry about that. Perceptions can keep changing.  

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