ADAG power plants to get gas six months before commissioning
The government may allocate natural gas to Anil Ambani Group’s proposed power plants like the Dadri project only six months prior to commissioning, as reservation of gas is not allowed under the present policy. “The gas utilisation policy is very clear – the gas, which is a precious asset, cannot be reserved for anyone,” a top government official said.
So, for anyone wanting natural gas for their plants, be it in fertilizer, power or any other sector, the allocation is to be made (to them) closer to the time when they can actually consume that gas,” he said. Incidentally, RIL chairman Mukesh Ambani during the company’s AGM told shareholders that his firm will supply gas to ADAG plants as and when they are ready and it is subject to the allocation being made by the government.
However industry experts feel, issues like, tenure of the contract, quantity, take-off point for the gas, conditionalities regarding take or pay clause etc will actually determine, whether two brothers reach to an agreement or not. Although deadline given by the apex court to both brothers to reach an agreement has got over on Monday, they still have eight weeks to conclude negotiations and sign the agreement. Agencies



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