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Reliance Infra pressures ministry...

Anil Ambani-led Reliance Infrastructure has mounted direct pressure on the petroleum and natural gas ministry, asking it to stop Mukesh Ambani’s RIL from charging marketing margins on gas from the Krishna-Godavari basin.

business Updated: Sep 28, 2009 20:53 IST
HT Correspondent

Anil Ambani-led Reliance Infrastructure has mounted direct pressure on the petroleum and natural gas ministry, asking it to stop Mukesh Ambani’s Reliance Industries Ltd (RIL) from charging marketing margins on gas from the Krishna-Godavari basin.

In a letter dated September 24 to Petroleum Secretary R.S. Pandey seeking an early resolution of its complaint, Reliance Infra said RIL was depriving government of its share of the revenue as it had not undertaken any marketing work as such.

“Thus, several crores of rupees that would belong to the government are being diverted by RIL,” it said. “You are requested to advise RIL to act in terms of the Bombay High Court order and continue to supply the gas on payment of $4.2 per unit,” it added.

The letter coincided with Power Secretary H.S. Brahma and state-run NTPC also questioning the marketing margin, which Reliance Infra has termed as “illegal” and declined to pay, prompting RIL to issue a notice for suspension of fuel.