Strike gas deal with RIL, Govt tells NTPC

“The GSPA (gas sales and purchase agreement) for supply of gas from RIL to NTPC for its Kawas and Gandhar expansion projects could be signed by the month-end,” a power ministry source said.

Regarding the marketing margins, sources said the state-run power major has been told that these could be decided by the petroleum ministry, rather than the supplier — Reliance Industries.

Marketing margins illegal
Meanwhile, Anil Ambani group firm Reliance Infra has asked Mukesh Ambani-led Relaince Industries to withdraw its marketing margins on gas supplied to it and refund payments it had made till now, terming these charges ‘illegal’.

“...the charge towards the marketing margin imposed by you (RIL)... for sale of gas is illegal, unauthorised and unwarranted,” Reliance Infra has written to RIL, which is supplying 0.55 mmscmd gas to the Anil Ambani group firm.

Liked the story?

  • 0

    Happy
  • 0

    Amused
  • 0

    Sad
  • 0

    Frustrated
  • 0

    Angry