Natural gas price hike: Mukesh Ambani's Reliance Industries hit by Election Commission order

Mar 24 2014, 21:49 IST
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Decision to defer new gas price was opposed by AAP which alleged that it was taken to favour RIL. Reuters Decision to defer new gas price was opposed by AAP which alleged that it was taken to favour RIL. Reuters
SummaryDecision to defer natural gas price hike is a result of AAP alleging it favoured Reliance Industries.

than 14 million standard cubic metres per day of gas to over a dozen fertilizer plants at USD 4.2 rate under a five-year contract that started April 2009. It had wanted to sign new contracts under the new price from next month.

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