Energy Sector is one of the important sectors proposed to cover under Infrastructure Sectors to be developed by Infrastructure Corporation of Andhra Pradesh (INCAP).
1. Krishna Godavari Gas Network Limited (KGGNL):
In this context, Government of Andhra Pradesh has created Krishna Godavari Gas Network Limited (KGGNL) to develop the Gas Network in the entire State for the optimal utilization abandoned gas results available in Krishna Godavari Basin (K.G. Basin). INCAP has been identified as the Nodal Agency on behalf of the Government of Andhra Pradesh with 26% Equity Share in the Special Purpose Vehicle (SPV) along with GSPC with 26% and IDFC 48%.
2. Exploration and Production Tie up with Hindustan Oil Exploration Company Limited (HOEC):
Government of Andhra Pradesh has in principle permitted Infrastructure Corporation of Andhra Pradesh (INCAP) for participation in the Exploration and Production Activities in the on-shore block of Pranahita Godavari Basin (P.G. Basin) for Hydrocarbon Resources.
Further efforts are on in tying-up with Hindustan Oil Exploration Company Limited (HOEC) in this regard.