Reliance Industries (RIL) will continue to supply gas at $4.2 a unit to 16 fertiliser units until the government comes out with another notification in this regard. A new agreement was necessary, as existing gas sales purchase agreements (GSPAs), signed in 2009, expired on 31 March 2014.
Tag: GSPAs
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RILs interim deal with buyers
Reliance Industries (RIL) will continue to supply gas at $4.2 a unit to 16 fertiliser units until the government comes out with another notification in this regard. A new agreement was necessary, as existing gas sales purchase agreements (GSPAs), signed in 2009, expired on 31 March 2014.
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City gas distribution is in evolution stage
The policy makers, regulator and CGD companies must come together and work towards bringing about positive changes in the sector to maintain its attractiveness, writes Samrat Chauhan.