The deal is for supply of 0.61 mmscmd of gas
RIL today said it had signed a natural gas sales pact with the country's largest power producer, NTPC Ltd. to supply 0.61 million cubic meters a day of gas.
RIL executed gas sale and purchase agreements (GSPAs) with NTPCfor supply of gas from the KG-D6 block to the power plants of NTPC in Anta, Dadri and faridabad , a company spokerperson said. supply of gas to NTPC is expected to commence within a week, he added.
The volume of gas under these GSPAs is 0.61 mmscmd, which will be initially supplied only to the power plant in Anta in UP, due to capacity constraint in GAIL's pipeline, he said.The quantities and price of $4.2 per milion British thermal units under the GSPAs signed for five years are as approved by the govt.
In april the govt had allocated 2.67mmscmd of D6 gas at $4.2 per mBtu for NTPC's plants in faridabad, dadri anta, kawas and gandhar.however, NTPC had convyed to RIL that it will not discuss the ,GSPA's for kawas and gandhar plants in gujarat, as it is involved in litigation with RIL for gas supplies to the proposed expansion projects of two stations.
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