More than a month after it signed the contract for buying gas from Reliance Industries state power utility NTPC Ltd is likely to finally begin drawing the fuel from KG basin field from this week.

An official said that "All requirements including providing bank guarantee have been met by NTPC and gas flow can start as early as tomorrow.”

NTPC which was allocated 2.67 million standard cubic meters per day of gas by the government from RIL's eastern offshore KG D 6 fields had on September 23 signed Gas Sales and Purchase Agreements for less than one fourth of the earmarked volumes.
The company will use 0.13 mmscmd of D6 gas at its Faridabad power plant in Haryana, 0.03 mmscmd at Anta in Rajasthan and 0.45 mmscmd at its Dadri unit in Uttar Pradesh.

The official said NTPC does not want to use RIL gas at its Kawas and Gandhar plants in Gujarat and has proposed swapping the allocations for these with the gas from Panna/Mukta and Tapti fields that goes to its plants in northern India.

(Sourced from Zeenews)