ID :
86626
Thu, 10/29/2009 - 07:09
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Shortlink :
https://www.oananews.org//node/86626
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Gas row: post-contractual agreements suitable solution: RIL
SC-AMBANI
New Delhi, Oct 28 (PTI) Mukesh Ambani group firm Reliance
Industries Limited (RIL) Wednesday told the Supreme Court of
India that the post-contractual agreements could be a suitable
arrangement to resolve its dispute on supply of gas with Anil
Ambani-promoted Reliance Natural Resources Limited (RNRL) and
the price fixed for distributing gas to National Thermal Power
Corporation (NTPC) could be applied to settle the row.
However, reliance of RIL on NTPC price (2.34 US dollar
per unit) was objected to by the government which said the
Mukesh Ambani group cannot raise the issue of contract with a
PSU in this matter as RIL-NTPC matter is pending before the
Bombay High Court.
"The NTPC contract can't be raised here as it is a sub
judice matter in the high court," Additional Solicitor General
Mohan Parasaran pointed out when senior counsel Harish Salve,
appearing for RIL, said the draft of NTPC agreement could be a
basis as it was approved by the government.
Though the government raised objection to RIL raising the
NTPC issue, senior counsel Ram Jethmalani and Mukul Rohtagi,
appearing for RNRL, took the opportunity to criticise its
stand on the whole issue.
"Government didn't intervene in the NTPC matter in the
high court," they said, adding the "government is in cahoot
with RIL."
When Parasaran objected to the remarks, Jethmalani
said "I will demonstrate that if not the whole government but
your ministry, i.e, the Ministry of Petroleum and Natural Gas
is in absolute conspiracy with RIL."
He charged "both RIL and the Oil Ministry were hand in
glove over the issue". PTI IB
ANU
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New Delhi, Oct 28 (PTI) Mukesh Ambani group firm Reliance
Industries Limited (RIL) Wednesday told the Supreme Court of
India that the post-contractual agreements could be a suitable
arrangement to resolve its dispute on supply of gas with Anil
Ambani-promoted Reliance Natural Resources Limited (RNRL) and
the price fixed for distributing gas to National Thermal Power
Corporation (NTPC) could be applied to settle the row.
However, reliance of RIL on NTPC price (2.34 US dollar
per unit) was objected to by the government which said the
Mukesh Ambani group cannot raise the issue of contract with a
PSU in this matter as RIL-NTPC matter is pending before the
Bombay High Court.
"The NTPC contract can't be raised here as it is a sub
judice matter in the high court," Additional Solicitor General
Mohan Parasaran pointed out when senior counsel Harish Salve,
appearing for RIL, said the draft of NTPC agreement could be a
basis as it was approved by the government.
Though the government raised objection to RIL raising the
NTPC issue, senior counsel Ram Jethmalani and Mukul Rohtagi,
appearing for RNRL, took the opportunity to criticise its
stand on the whole issue.
"Government didn't intervene in the NTPC matter in the
high court," they said, adding the "government is in cahoot
with RIL."
When Parasaran objected to the remarks, Jethmalani
said "I will demonstrate that if not the whole government but
your ministry, i.e, the Ministry of Petroleum and Natural Gas
is in absolute conspiracy with RIL."
He charged "both RIL and the Oil Ministry were hand in
glove over the issue". PTI IB
ANU
The information contained in this electronic message and any attachments to this
message are intended for the exclusive
use of the addressee(s) and may contain proprietary, confidential or privileged
information. If you are not the intended
recipient, you should not disseminate, distribute or copy this e-mail. Please
notify the sender immediately and destroy
all copies of this message and any attachments contained in it.
