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Rediff.com  » Business » RIL-RNRL tiff: Goverment awaits a copy of HC order

RIL-RNRL tiff: Goverment awaits a copy of HC order

Source: PTI
June 15, 2009 12:30 IST
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The government said on Monday it is awaiting a copy of the order before it makes comments on the Bombay high court verdict on the gas dispute between RIL and RNRL.

Petroleum secretary RS Pandey declined to comment on the court verdict till the Government received a copy of the order.

The Bombay high court on Monday upheld Anil Ambani group firm Reliance Natural Resources Ltd's contention to buy 28 mscmd of gas from Reliance Industries Ltd  at $2.34 per mmBtu for 17 years.

It wasn't however immediately clear as to when according to the court order RIL has to begin supply.

"We have not seen the copy of the order and it will not be appropriate for me to comment unless we see the written order," Pandey told PTI.

Asked if the government will charge taxes and other statutory levies including profit petroleum at its approved price of $ 4.2 per mmBtu even if RIL is to sell gas to RNRL at the lower rate of $2.34 per mmBtu, Pandey said, "I cannot comment unless I see the copy of the court order."

"We are waiting for a copy of the order," he said.

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