Congress Legislature Party leader Sunil Jakhar today demanded a white paper on the Bathinda oil refinery seeking information about financial implications of proposed incentives on the state exchequer, employment generation, its role in state's industrialization and its impact on the environment.
Jakhar in a statement issued here sought the white paper from Punjab government to be laid on the floor of the House during the coming budget session in June next.
He said, as per the information available in the public domain, the SAD-BJP government has "conceded so much" to the promoters of the oil refinery that the real benefit to the state may not accrue for more than 15 years.
Rather, it will immediately be putting an additional burden of Rs. 250 crore per year for five years as per the agreement signed with HPCL-Mittal Energy Limited (HMEL), he said.
"The promoters of HMEL will be laughing their way to the bank at the expense of a pauperised state government," he alleged.
Prime Minister Manmohan Singh had last week inaugurated the Bathinda oil refinery.
The Congress leader also demanded that the state government explain what were the concessions or incentives that had been given to HMEL since its inception and how many Punjabi youths got permanent employment in the refinery.
Seeking information on total VAT concession on crude oil and finished products and its impact on the state economy, he wanted to know how the state government would fund the payment of interest-free loan of Rs. 1,250 crore to the refinery.
Besides asking for expected revenue from allied industries, he also sought to know whether the distribution of petroleum products would give any boost to the state's transport sector.