NTPC Vs RIL Updates On KGD6 Gas
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NTPC vs RIL updates on KGD6 gas

NTPC published Request for Qualificatio (RFQ) inviting prospective bidders to submit their proposals for qualification for supply of gas for its power plants at Kewas and Gandhar.

May 14, 2004: RIL’s letter to NTPC in relation to its bid for supplying gas accepting the provisions of RFP documents with certain amendments.

June 24, 2004: NTPC’s letter to RIL declining to accept the request for amending clause 5 of the Letter of Intent (LOI) and expressing desire of NTPC that the GSPA (Gas Supply& Purchase Agreement) be executed within 30 days instead of 60 days.

Dec 20, 2005: NTPC filed a suit in the Bombay High Court seeking direction for enforcement of its contract with RIL to supply KG gas.

Oct 31, 2007 : RIL filed its written statement before the high court.

Jan13, 2009 : Union of India filed its affidavit in the high court in RIL vs RNRL case.

April 22, 2009: The single judge bench of the high court allowed RIL application to amend its written statement.

May 13, 2008: NPTC filed its appeal before the Division bench of the high court challenging permission to RIL to amend its written statement in its dispute.

July 30, 2009 ; The Division bench allowed RIL to amend its written statement recording that the decisions of the EGoM on governments gas utilization policy and gas pricing will have a bearing in NTPC vs RIL case.

Sep 5, 2009: NTPC filed SLP in the Supreme Court.

Source: ET

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