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ADAG not to file review petition

Last Updated 07 May 2010, 09:32 IST

"RNRL looks forward to an expeditious and successful renegotiations with RIL within the stipulated period of six weeks to secure gas supply for the group's power plants in line with the Supreme Court order," Ambani told reporters shortly after the judgement.

In the dispute, where RNRL sought gas at a concessional price of USD 2.34 per mmBtu as against the government approved USD 4.20 per mmBtu, the Supreme Court said the government has the last word on pricing and usage.

It also asked RIL and RNRL to renegotiate gas supply terms within six weeks.
"RNRL has currently no plans to file a review petition in the Supreme Court," Ambani said.

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(Published 07 May 2010, 09:32 IST)

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