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RIL inks gas supply pacts with Pragati Power, NTPC
Pm News Bureau
Friday, June 08, 2012, 11:54 Hrs  [IST]

After initially resisting, Reliance Industries Ltd has agreed to sign agreements with Pragati Power Corp. and NTPC for supply of natural gas from its eastern offshore KG-D6 fields. With output from KG-D6 continuing to decline, RIL was against signing new Gas Sale and Purchase Agreements (GSPA) as meeting new supply commitments would have meant cutting gas supplies to existing power plants.

 
                 

  Remarks

written by  shekhar  Jun 10, 2012 12:19 PM
It is good news as Delhi needs more power and its huge demand can be filled by RIL D6. I am also connected to the offshore industry so this is a good achievement if it is finally inked.
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