New Delhi: The Supreme Court on Friday sought Reliance Industries (RIL) response to the Comptroller and Auditor General (CAG) report which had adversely commented on its operations of gas blocks in the KG basin.
Giving six weeks time to the RIL to file its reply, a bench of Justice T.S.Thakur, Justice J. Chelameswar and Justice Kurian Joseph allowed the former communist law maker Gurudas Dasgupta to file his responses to New Domestic Natural Gas Pricing Guidelines, 2014. The court directed the further listing of the matter March 20. Under the new domestic gas pricing guidelines, the price of the gas has been fixed at $5.61 MMBTU up from earlier price of $4.2 MMBTU. The new price become effective from Nov 1, 2014. While senior counsel Harish Salve appearing for the RIL urged the court to hear the matter, Prashant Bhushan appearing for NGO Common Cause sought the advancing the next date of hearing saying that every day they squat on the oil, the country was losing a huge amount.
