RNRL files intervention application in NTPC-RIL dispute in S

Anil Ambani group firm RNRL has sought to intervene in the NTPC-RIL gas dispute in the Supreme Court, saying the issues raised by the power PSU directly affected its own case against the Mukesh Ambani-led firm.

In an intervention application filed with the apex court, Reliance Natural Resources Ltd said that RIL's arguement, placed by way of an amendment to its written statements in NTPC suit, is an issue in the SLP (special leave petition) filed by RIL in the Supreme Court in the RIL-RNRL matter.

"It is submitted that the issues that arise in the case filed by NTPC in the Supreme Court directly affect its (RNRL's) case against Reliance Industries," RNRL said, adding it was therefore necessary that it was permitted to be impleaded as a party in the NTPC-RIL case.

NTPC moved the Supreme Court on 5th September, challenging a Bombay High Court decision that allowed RIL to amend its petition on th gas dispute citing the government's pricing policy.

A Division Bench of the High Court had allowed amendment in the petition wherein RIL had prayed that the government's gas pricing policy would frustrate its contract with NTPC.

NTPC had moved the Bombay High Court seeking 12 mmscmd gas from RIL, which had emerged winner in a global competitive bid quoting a price of USD 2.34 per mmBtu.

RNRL is also fighting a case against RIL in the Supreme Court to get gas at USD 2.34 per mmBtu.