Tuesday, April 28, 2009

RIL inks gas supply agreements

Reliance Industries has inked deals to supply gas from its eastern offshore KG-D6 fields to most power sector consumers, including Essar Power.

However, it is yet to sign the GPSA with state-run NTPC Ltd and Ratnagiri Gas and Power.

NTPC is to get 3.67 million cubic metres per day of gas from KG-D6 while Dabhol has been allocated 2.3 mmcmd.

The power sector had been allocated 15 mmcmd gas out of the initial 41 mmcmd volumes from KG-D6. Gas of 6.22 mmcmd would go to eight power plants in Andhra Pradesh, the landfall point of the gas from the Bay of Bengal fields.

Essar's 300 MW power plant in Gujarat will get 1.05 mmcmd while ADAG's 230-MW Samalkot plant in Andhra Pradesh will get 1.19 mmcmd.

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