Law Minister Veerapa Moily today said there was no differences among ministers on the issue of protecting state-run NTPC's interest in the gas dispute between the Ambani brothers.
Moily said the informal group of ministers comprising Finance Minister Pranab Mukherjee, Petroleum Minister Murli Deora, Power Minister Sushilkumar Shinde and himself were one on filing government petition in the dispute as well as protecting NTPC's interest.
"Reports of differences among ministers is absolutely false. I say it categorically that it is absolutely false," he said here. "Someone is trying to create confusion," he said but did not elaborate. The government's petition in the Supreme Court to become party in the Ambani gas dispute was to protect its right in deciding on usage of the national resource in public interest.
Anil Ambani-led RNRL is seeking gas from Mukesh Ambani-run RIL at $2.34 per mmBtu as had been stated in a private family agreement that split the Dhirubhai Ambani empire in 2005.
The price, which is the same as the one RIL had bid in a 2004 gas supply tender of NTPC, was rejected by the government on the grounds that it was not arrived at through arms length basis.
Moily said differences among ministers on protecting NTPC's interest was a "media creation." "There is absolutely none and this is only media creation," he said. The government was likely to file an affidavit on NTPC issue in the Supreme Court today.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
