Business Standard

NTPC may lose up to Rs 30k cr: Anil

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Press Trust Of India

Amid a bitter battle with elder brother Mukesh Ambani over gas, Anil Ambani today cautioned the government that NTPC would lose up to Rs 30,000 crore if the fuel is not supplied by RIL at the committed rate of $2.34 per mmbtu.

Anil sought a meeting with Power Minister Sushil Kumar Shinde and said, “We would be delighted if NTPC, a navratna, gets its rightful share of 12 mmscmd of gas for 17 years at a price of$ 2.34, which was discovered through open transparent international competitive bidding in 2004.”

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First Published: Aug 03 2009 | 12:57 AM IST

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