Know how Telangana Bill bifurcates coal, oil, gas, power assets of Andhra Pradesh

The Telangana Bill says that Union Government will consider measures to establish rapid rail and road connectivity from the new capital of residuary Andhra Pradesh to Hyderabad.

Allocation of natural gas will continue to be done as per the policies and guidelines issued by the Union Government from time to time.

The royalties payable on domestic onshore production of oil and gas will accrue to the state in which such production takes place.

Units of APGENCO will be divided based on geographical location of power plants.

Existing power purchase agreements with respective DISCOMS will continue for both ongoing projects under construction.

The existing Andhra Pradesh Electricity Regulatory Commission will function as a joint regulatory body for a period not exceeding six months within which time separate State Electricity Regulatory Commissions would be formed in both states.

The Statement of Objects and Reasons of the Telangana Bill states that it is the responsibility of the Centre to promote industrialisation in the states through fiscal measures as well as through development of backward areas, in particular Rayalaseema and North Coastal regions of Andhra Pradesh by a special development package.