The Supreme Court today issued notices to Mukesh Ambani-led Reliance Industries, Anil Ambani-run Reliance Natural Resources Ltd (RNRL) and the government on cross-appeals by both the two companies on their gas supply dispute.
While issuing notices to the three sides, an apex court bench headed by Chief Justice K G Balakrishnan posted the matter for hearing on July 20. Last week, RIL had moved the apex court challenging the Bombay High Court order that asked it to supply 28 mmscmd (million metric standard cubic metres per day) of gas to RNRL at $2.34 per mBtu (million British thermal unit).
Reliance Industries Ltd, in its appeal, had alleged that the High Court had erred in deciding the three terms — quantity, tenure and price of gas supply — to power plants of RNRL affiliates.
RNRL had also moved the Supreme Court, seeking modification in the Bombay High Court order to make binding the gas supply from RIL.
