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Anil Ambani group wants NTPC as party in Reliance gas row

Category :India Sub Category :National,Business
2009-09-16 00:00:00
   Views : 1138

The application to the apex court came after Reliance Natural Resources also accused the Mukesh Ambani-led company of charging an 'illegal and unauthorised' marketing margin on sale of gas from the Krishna-Godavari basin.

The company said this would lead to a loss of Rs.10,000 crore to the government.

'The so-called marketing margin is nothing but a device illegally adopted by Reliance Industries to charge a higher sale price, without even paying the lawful share of such revenues to the government.'




Author :Indo Asian News Service



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