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Home  » Business » No undue benefit from KG gas, argues RIL

No undue benefit from KG gas, argues RIL

By BS Reporter
April 24, 2014 09:25 IST
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Reliance Industries on Wednesday assailed reports of the Comptroller and Auditor General and expert P Gopalakrishnan, which have alleged the company got undue benefits pertaining to Krishna-Godavari basin gas and its pricing.

Responding to suits on the issue by Communist Party of India leader Gurudas Dasgupta and non-profit Common Cause, RIL counsel Harish Salve told the Supreme Court these reports were not authoritative.

He said CAG hadn’t heard RIL’s case before producing its report; the report was meant for Parliament and SC should not pass a judgment based on it. 

The issues mentioned in the report are under arbitration. He said Gopalakrishnan’s report was wrong on aspects such as pressure of gas extracted and production methods.

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BS Reporter in New Delhi
Source: source
 

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