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RNRL to Petro min: become party to case

Anil Ambani’s Reliance Natural Resources Ltd has asked the petroleum ministry to become a party in the ongoing litigation between Mukesh Ambani’s Reliance Industries Ltd (RIL) and state-owned NTPC Ltd in the Bombay High Court.

Updated on: Aug 27, 2009 10:51 PM IST
Hindustan Times | By , New Delhi
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Anil Ambani’s Reliance Natural Resources Ltd has asked the petroleum ministry to become a party in the ongoing litigation between Mukesh Ambani’s Reliance Industries Ltd (RIL) and state-owned NTPC Ltd in the Bombay High Court.

HT Image
HT Image

RNRL Group President A N Sethuraman has written to the petroleum secretary, R S Pandey, in this connection.

“We would request you, in the interest of having a uniform approach, to consider becoming a party in the RIL-NTPC litigation,” he has said in the letter. “It (RIL-NTPC litigation) involves a government-owned PSU and concerns an exorbitant burden of an additional Rs 30,000 crore that power consumers in the country may be called upon to bear, solely for the benefit of a private monopoly gas producer, RIL.”

RNRL said the legal views taken by NTPC, which said RIL was relying on the petroleum ministry's affidavits in the RIL-RNRL case in the Bombay High Court and Supreme Court to strengthen its own ongoing case against NTPC and dishonor its binding gas supply agreement with NTPC.

 
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