NTPC may move SC on gas row this week


Solicitor General Gopal Subramanium is believed to have advised the government to find a solution to the gas supply row, saying “the government cannot destroy the case of NTPC or any other PSU.” A ministerial group had approved US$4.2 per mmBtu as the value of gas from RIL’s KG-D6 fields, but before that the company had won a contract to supply 12 million cubic metres of gas per day to NTPC’s Kawas and Gandhar projects with a bid of US$2.34 per mmBtu in 2004. To buttress its argument in its legal battle with NTPC before the Bombay High Court, RIL had quoted the the ministerial group’s decision saying official nod was needed for pricing gas.

PIL filed

Meanwhile, a public interest litigation was filed before the Delhi High Court seeking a direction to the Centre to probe the contract between Mukesh Ambani-led RIL and power PSU NTPC for supply of gas. The petitioner Arvind Gupta, a lawyer, has alleged that NTPC is “sluggish” in pursuing its case against RIL.

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