Reliance Energy Negotiates Gas Usage

DELHI, INDIA (GaeaTimes.com)-Reliance Energy which happens to be a domain that is solely controlled by Anil Ambani has been instructed by the Supreme Court that they shall not be granted any right to use gas for trading purposes. In all probability it’s detrimental for Reliance Energy which might be deprived of an abundant supply of gas in the long run.

US Jha who happens to be the Co-Managing Director for RCF told the media that Reliance Energy is left for no other option but to follow the state prescribed rules. He is also of the opinion that the decision shall reflect the condition and the status of Reliance Energy in the current market. As a matter of fact the Co managing director of RCF (Rashtriya Chemicals And Fertilizers) says that some of the fertilizer plants have once again emerged out to be alive due to Reliance Energy. This has been a highly rewarding phase for RCF and they hope to carry on the rewarding journey further. With Reliance Energy coming to terms with Reliance Industries Limited, the power and the fertilizer plants shall have no issue with the generation of power. As a matter of fact Reliance Energy made it possible to replace naphtha so as to generate natural gas at a large scale.

Reliance Energy shall be employing a power source capable of generating 35,000 megawatts out of which they shall be using 10,000 megawatts for setting up the Dadri plant. Reliance Energy shall also make abundant use of 7,480 megawatt for all other plants besides Dadri. The Reliance officials stated that the soon the gas is made available it shall be beneficial for Reliance Energy to start off with the work.