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“As stated earlier, the release of the advertisement completely demonstrates the fact that RNRL is indulging in an orchestrated campaign intended to bring into public debate and prejudge the issues that are pending before the Honourable Courts,” an RIL spokesperson said in a statement.
The reaction has come in the backdrop of front-page advertisements in almost all the national dailies, starting Monday this week, by the Anil Ambani group wherein it has alleged RIL of making super-normal profits with the help of the petroleum ministry.
RIL and Anil Ambani group firm RNRL are engaged in a long- running legal battle over supply of gas from Mukesh-led firm’s Krishna Godavari gas fields and the matter is scheduled to come up for hearing in Supreme Court on September 1.
“As stated earlier, we reiterate that we will present our views and contetions on all aspects only before the Honourable courts,” the RIL spokesperson added.
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It is good that ADAG has brought to public notice regarding the jacking up of the NG price which is a major component of power cost. Power cost in India has gone up after ENRON has come in India with NG based power/ and it we known that the project is a big failure. It is good that ADAG companies bring to public light what is true and not concealed/ covered in ministry offices - under dust/ political corruption. If truth comes out power costs will come down and Indian power consumer/ farmer will benefit greatly.SMM
I am amazed to see these two grown up,matured intellectuals...getting down to a kid's level... if this continues... they will make sure a downfall of an empire cultivated with Dhirubhai's sweat and blood!!