RIL to ink deal with fertiliser firms on March 27
Reliance Industries (RIL) is likely to sign gas sales contracts with fertiliser companies on March 27.
"The signing has been scheduled at a five-star hotel on Friday afternoon," a government official said today.
RIL and 12 fertiliser firms that are among the first receivers of gas from the Mukesh Ambani-run firm's eastern offshore KG-D6 fields have closed all outstanding issues and the signing of the Gas Sales and Purchase Agreement has been scheduled for Friday.
KG-D6 will start producing gas in the next few days and initial volumes would go to meet the fuel deficit at urea making plants.