Ambani gas row hearing in SC today

NEW DELHI: Hearing of the gas supply dispute involving the industrial houses led by Mukesh and Anil Ambani is set to commence on Tuesday.

Justice R V Raveendran has replaced Justice B S Chauhan on the three-member bench of the SC. The others on the bench are Chief Justice K G Balakrishnan and Justice P Sathasivam.

The tussle relates to supply of gas to Anil Ambani Group���s RNRL from D6 block in the Krishna-Godavari eastern offshore fields of Mukesh-led RIL.

RNRL is seeking supply of gas at a previously agreed price of $2.34 per MMBTU, but RIL says it can���t do so as the government approved the rate at $4.2 per MMBTU and it will not make profit at a price committed in 2005.