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NTPC not yet decided on filing petition in gas row

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Press Trust Of India New Delhi

NTPC Ltd has not yet decided on filing a petition in Supreme Court on its dispute with Reliance Industries Ltd (RIL) for sourcing of natural gas, Power Minister Sushilkumar Shinde said today.

The state-run firm has been contemplating moving the apex court after RIL amended its petition in the Bombay High Court to say that it cannot sell gas to NTPC at the price it had bid in the 2004 tender due to government stand on the issue.

“That is not yet decided, I think so,” he told CNBC TV18 when asked if NTPC was leaning towards filing a Special Leave Petition in the Supreme Court on this issue.

 

NTPC had in December 2005 dragged RIL to the Bombay High Court seeking specific performance of the tender bid to sell 12 million metric standard cubic metres per day (mmscmd) of gas at $2.34 per mBtu to its Kawas and Gandhar expansion projects.

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First Published: Aug 20 2009 | 12:32 AM IST

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