RIL using power cos: RNRL

 The Anil Ambani group firm RNRL on Sunday hit out at power companies GMR and GVK for raising the bogey of unfair price advantage to it, saying that they had got into gas deals with Mukesh Ambani-led Reliance Industries Limited knowing that the agreement was subject to the outcome of the RNRL-RIL case.

Commenting on reports that GMR Group, Torrent Power and GVK Industries had approached the government complaining that unfair price advantage to the ADAG firm will kill competition, RNRL counsel Mahesh Agarwal said, “They are citing the Reliance Industries Limited battle or in other words, RIL is using them to fight its own battle.”

Reliance Industries Ltd and Reliance Natural Resources have Ltd filed cross-appeals in the Supreme Court challenging the Bombay High Court decision and the apex court will hear the case on Monday.

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