SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

RIL in pact with 6 power producers for sale of KG D-6 gas

23 Apr 2009 Evaluate

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.

crackcrack

Reliance Industries Share Price

1437.85 -26.30 (-1.80%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1437.85
Indian Oil Corp. 148.15
BPCL 314.15
HPCL 399.40
MRPL 156.85
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×