Reliance Industries (RIL) has issued notice to suspend gas supply to Reliance Infrastructure (R-Infra) for 'default' payment, within days of Anil Dhirubhai Ambani Group (ADAG) entity saying it would not pay 'illegal' marketing margins to Mukesh-led firm. On September 22, 2009, RIL has issued a notice to R-Infra for suspension of supply of gas to its power plant in
R-Infra has been getting the gas from RIL for its power plant in Andhra Pradesh for last five months at a price of $4.2 per mmBtu and marketing margin of 0.13 per mmBtu. Earlier in its letter, R-Infra had told RIL that their gas supply agreement was not a result of any marketing undertaken by RIL or any agency and since there has been a complete absence of any marketing, the charge in respect of marketing margin is clearly unwarranted.crackcrack
