NTPC an “innocent victim” of RIL’s corporate greed: Anil Ambani

NTPC an “innocent victim” of RIL’s corporate greed: Anil Ambani

New Delhi: Terming NTPC as an “innocent victim" of Mukesh Ambani-led RIL’s corporate greed, Anil Ambani on Sunday warned that the power PSU could lose up to Rs30,000 crore if it did not get gas at the committed rate of $2.34 per mmbtu.

Offering every possible cooperation to NTPC, Anil sought a meeting with power minister Sushil Kumar Shinde to clarify that his group company RNRL was not at all attempting to scuttle the PSU’s chance of getting 12 mmscmd gas, contrary to “speculative media reports and misinformation campaign by vested interests."

In a letter to Shinde, Ambani, who is fighting a bitter battle with RIL for getting 28 mmscmd gas at $2.34 per mmbtu, said, “We firmly believe that NTPC, like RNRL, is an innocent victim of RIL’s corporate greed, which is reflected in its attempt to back out of its solemn and legal contractual commitments."

Anil Ambani had earlier written a letter to Prime Minister Manmohan Singh last month wherein the industrialist urged Singh to direct the petroleum ministry to “cease from overtly and covertly attempting to intervene in our commercial dispute with RIL."

Anil had written the letter in the wake of petroleum ministry moving the Supreme Court seeking annulment of a Memorandum of Understanding between Mukesh-led RIL and Anil’s group firm RNRL.