Deal talk: Anil Ambani meets Murli Deora
A day after the Supreme Court’s six-week deadline for the Ambani brothers to finalise a gas supply pact ended, Anil Ambani met Union Petroleum Minister Murli Deora on Tuesday and sought his support over gas supplies to his group’s upcoming power plants.business Updated: Jun 23, 2010 00:06 IST
A day after the Supreme Court’s six-week deadline for the Ambani brothers to finalise a gas supply pact ended, Anil Ambani met Union Petroleum Minister Murli Deora on Tuesday and sought his support over gas supplies to his group’s upcoming power plants.
The meeting assumes significance as this is Anil’s first meeting with Deora after publically accusing the petroleum ministry of favouring elder brother Mukesh’s Reliance Industries Ltd (RIL) over his Reliance Natural Resources Ltd (RNRL) during his five-year gas dispute.
After the nearly hour-long meeting with Deora and petroleum secretary S. Sundareshan, Anil refused comments to the media. Deora too remained non-committal.
“He (Anil) just came to see me,” Deora told reporters. “I have known (Anil) for many years. I have nothing more to say.”
Petroleum ministry officials told HT that the discussions between Anil and Deora were largely over the gas supply pact being finalised between the Ambani brothers. “Anil can get gas for his projects only after the government finalises a policy framework for gas supplies to new power projects,” the official said. “He (Anil) had come to discuss the same.”
RIL officials also held parleys on Tuesday with petroleum secretary over the gas supply pact.
“P.M.S. Prasad (the executive director, RIL and director on the company’s board) had come to meet Sundareshan,” confirmed the official.
The Supreme Court has also given the Ambani brothers another eight weeks to discuss and finalise this agreement under the policy framework of the government before it is finally submitted in the Mumbai High court.