Reliance inks ‘Gas Sale and Purchase Agreements’ with NTPC
Submitted by Divesh Sharma on Fri, 09/25/2009 - 04:29.
India's largest private sector company Reliance Industries (RIL) has entered into Gas Sale and Purchase Agreements (GSPAs) with state-run NTPC to supply gas for some of its power plants for five years.
Under the arrangement, Reliance will supply gas of 0.61 million standard cubic metres a day (mscmd) from KG-D6 block to the power plants of NTPC in Anta, Dadri and Faridabad.
The supply of gas to NTPC is expected to commence within a week.
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