Articles tagged with: Ambani brothers
EB Bureau
After protracted legal battle finally, Ambani brothers today signed the gas supply masters agreement ( GSMA) clearing decks for Anil Dhirubhai Ambani Group’s (ADAG) gas based power projects which including 7480 Mw Dadri project in ...
In move to bring all power generation assets of Anil Dhirubhai Ambani Group (ADAG) under one entitity generation assets of 433 Mw belonging to R-Infra were transferred to Reliance Power.
The Enterprise value of these assets has ...
The media reports that the Government’s absolute right to determine the price, quantity and buyer has been upheld. If that were so, it would be a grievous, concern to the industry, writes Ashu Sagar, Secretary General ...
RNRL looks forward to an expeditious and successful renegotiations within the stipulated six weeks to secure gas for its Dadri power plant, says Anil ...
“I feel, I have been vindicated, I was made the scapegoat of an ugly corporate war. Unfortunately media also fell in the trap. Since 2006 I am saying PSC is supreme and today the apex court just put ...
a) Need time to read the judgement
b) We don’t want to react until we have studied the judgement
c) Course of action will be decided after reading the judgement
d) Would not like to comment till the renegotiation ...
Minister for petroleum and natural gas, Murli said the Supreme Court verdict saying the government stand that gas belongs to the nation has been vindicated.
Immediately after the Supreme Court upheld the government’s right to fix price ...
The good thing about the judgement is that it doesn’t upset the present set of allocation and gas pricing. However at this stage it is a little confusing what there is to renegotiate. That we will ...
RNRL did not do its homework properly – an MoU is only a document of intent and not a binding contract. The other side took advantage of this fact and won the battle.
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