The Anil Ambani-led RNRL on Thursday strongly objected in the Supreme Court to the grounds raised by the Mukesh Ambani Group to counter its contention on the supply and pricing of gas from the KG Basin.
RNRL alleged that RIL was countering its submission on the basis of the May 12, 2005 draft agreement between NTPC and RIL which was not part of its arguments.
“I have not made any submission on the May 12 draft. I have not addressed which draft should be taken. I want to argue on the NTPC issue,” RNRL’s counsel Mukul Rohatgi said before a Bench headed by Chief Justice K.G. Balakrishnan.
RNRL was objecting to the contention made by RIL on Thursday that the May 12 draft agreement between NTPC and RIL for fixing the price of gas from the KG Basin was subject to government approval.
Further, Rohatgi said the reference made by RIL’s counsel Harish Salve about the May 12, 2005 draft Gas Supply Purchase Agreement (GSPA) of NTPC is confusing since there were three or four drafts floating around.
However, Salve objected to the manner in which Rohatgi addressed the Bench before he could resume the arguments by saying “It (hearing) can’t go like this“.
He also countered the allegation of RNRL that the NTPC draft agreement was never a part of hearing before the Bombay High Court by reading out the judgement of the Division Bench.
“They (RNRL) are raising the protest because it is an inconvenient point to them,” Salve said and cited RNRL’s letters where the reference to the May 12, 2005 GSPA of NTPC were made.