Power PSU NTPC will wait for a ministerial panel on gas to make up its mind before moving the Supreme Court on a gas supply dispute with Reliance Industries, Power Minister Sushilkumar Shinde said on Friday.
A day after Petroleum Ministry
threw its weight behind NTPC in its legal fight against
Reliance Industries, Power Minister Sushilkumar Shinde on Thursday said his ministry had no differences on the issue with the Oil Ministry.
In order to meet the fuel demand of its gas-based power stations, state-run power producer NTPC would procure 2.5 million standard cubic metres of gas and has already floated a global tender for the same.
India`s top two law officers have
advised NTPC to move Supreme Court at once to secure gas at a
contracted price from RIL, a position in variance with Oil
Ministry`s plea on the Ambani borthers` gas dispute.
The National Thermal Power
will invest more than Rs 9,000 crore in its two new expansion projects located at Jhanor and Kawas in Gujarat, Union Minister of State for Power Bharat Solanki said.