Amid his company grappling with a string of regulatory issues, Reliance Industries Chairman Mukesh Ambani, on Monday, met Planning Commission Deputy Chairman Montek Singh Ahluwalia for nearly an hour.
Reliance Industries is facing penalty for falling gas output from its KG-D6 fields. It has also demanded tripling of its KG-D6 gas price from April 1, 2014, after the current below-market rate of $4.205 per million metric British thermal unit expires.
Besides, RIL is seen as a bidder in the forthcoming auction of telecom spectrum.
Mr. Ambani did not interact with the media after the meeting, saying that he would not take any questions, and rushed out of the Yojana Bhawan, Mr. Ahluwalia’s office.
Mr. Ahluwalia, too, did not respond to the media queries about his discussions with Mr. Ambani, saying that it was just a courtesy call.
Yojana Bhawan is being thronged by industry top brass ever since Prime Minister Manmohan Singh took direct charge of the finance portfolio after Pranab Mukherjee stepped down to contest presidential election.
