Ambani gas dispute: Supreme Court adjourns hearing till September 1

Ambani gas dispute: Supreme Court adjourns hearing till September 1


The petitions would come up for hearing before a three-judge bench, Chief Justice K G Balakrishnan said on Monday.

The apex court has also posted for September one, the applications of power companies, including GMR, GVK and Gautami Power, seeking a direction to be made interveners in the dispute.

RNRL, in its petition, wanted immediate supply of gas at USD 2.34 per mmBtu, which is 44 per cent less than the official rate, while RIL had said it cannot supply fuel without the government's consent.

The government wanted the court to declare as "null and void" the Ambani family settlement that provides for supply of gas by RIL to RNRL.

The Supreme Court issued notices on the application filed by the government and also those filed by customers of RIL.

The government had through the petition asserted its ownership over gas from KG-D6 fields and accused the Ambani brothers' group firms of "surreptiously" appropriating national resources and treating it as their personal and family property.

The government says that under the PSC, gas was its property and RIL as contractor does not have rights to freely utilise or fix price for the gas.

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