New Delhi: State-run power PSU NTPC on Saturday moved the Supreme Court challenging the Bombay High Court judgement that allowed Mukesh Ambani Group company RIL to amend its petition on the gas dispute.
Taking support of an affidavit filed by the Oil Ministry in the High Court for a separate case (RIL vs RNRL), RIL had amended its statement. The Government affidavit, filed in January 2009 and later withdrawn, stated that price of Krishna-Godavari basin gas was fixed at $4.20 per million British thermal unit (mBtu) by an empowered group of ministers (EGoM) and the same would applicable to NTPC also.
Before that the company had won a contract to supply 12 million cubic metres of gas per day to NTPC's Kawas and Gandhar projects with a bid of $2.34 per mmBtu in 2004.
In the NTPC vs RIL case, the state owned power firm claims gas supply of 12 million standard cubic meters per day (mmscmd) for 17 years at $2.34 per mmBtu to its Kawas and Gandhar power plants in Gujarat.
The Government has separately filed a petition in the Ambani brothers' gas dispute, saying it alone had the right to approve gas price.
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