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CAG report: RIL writes to PAC

business Updated: Oct 09, 2011 21:59 IST

Mukesh Ambani-led Reliance Industries Ltd (RIL), in a letter to Public Accounts Committee (PAC) chairman Murli Manohar Joshi, has said that the Comptroller and Auditor General of India (CAG) did not consider its response in the report that criticised the company for violation of contract for KG-D6 block.

"The CAG did not give us an opportunity and access to look into its comments on the draft report and did not consider and include the company's repines," RIL group president V Balasubramanian said in the letter dated September 26. The CAG ignored operational and technical facts as well as data, he said.

The CAG had stated in its report that the contract was violated by RIL while retaining the entire 7,645 sq km of its KG-DWN-98/3 (KG-D6) block in the Bay of Bengal after the giant Dhirubhai-1 and 3 gas finds were made in 2001.

The PAC is examining the CAG report.

"... the retention of the area is strictly as per the Production Sharing Contract and in line with the geological knowledge of the book," the RIL letter said.