New Delhi, Jan 18 (ANI): Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Thursday claimed that ‘more transparency, more reforms, minimum government and maximum governance’ principles of the Centre were proved by the first bidding round of Open Acreage Licensing Policy. The Union Minister was addressing during the launch of First Bidding Round under Open Acreage Licensing Policy in the national capital. Open Acreage Licensing Policy allows companies to carve out their own areas for hydrocarbon hunting. Under the policy, exploration and production companies are allowed to put in offers at any time by submitting an initial expression of interest (EoI) indicating the area which it wishes to take up for exploration.
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