Reliance Industries is believed to have signed agreements to sell gas from its eastern offshore KG D-6 fields to six power producers, including GVK, in Andhra Pradesh. RIL, which is currently producing about 13 million standard cubic metre per day of gas from KG D-6, signed Gas Sale and Purchase Agreement (GSPA) with at least six independent power producers in Andhra Pradesh, a Power Ministry official said.
The initial 15.3 mmscmd output from KG D-6 has already been committed to urea-making plants and volumes above this would go to gas-based power plants. RIL is expected to cross 15 mmscmd output in the next 1-2 days and it was essential for the company to sign gas-sales pact with power firms to begin supply.
The official said RIL had signed GSPA with 664-MW Gautami Power Plant, 204-MW Spectrun Power Plant, 370-MW Vemagiri Power Plant and 445-MW Konasemma Power Plant.
crackcrackCompany Name | CMP |
---|---|
Reliance Industries | 2900.60 |
Indian Oil Corp. | 168.75 |
BPCL | 593.15 |
HPCL | 487.20 |
MRPL | 248.55 |
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