What is each party’s stand?

RIL

RIL says it is just a contractor in the KG basin gas and will need to sell gas at the government-approved price of USD 4.2 per unit. The company stands to lose close to Rs 30,000 crore if the Supreme Court asks it to honour the commitment. RIL is also involved in a similar battle with government-owned NTPC over the same issue.

RNRL

RNRL accuses RIL of putting corporate greed over national interest. It also accuses the government of alluding with RIL and harming NTPC’s interest. Overall – Anti Everybody

NTPC

NTPC is involved in a similar battle with RIL to procure gas. However, after much deliberation, the Power Ministry decided to keep the NTPC-RIL case different from the RIL-RNRL case.

Government

The government backs RILs view and says gas was a national property and sovereign asset. It strongly contends that RIL couldn’t sell it to RNRL at a subsidised rate.

_______________________________________________________________________