Reliance Natural Resources Ltd (RNRL), a firm of Anil Ambani group, has filed an intervention plea in the Supreme Court seeking permission to intervene in the ongoing NTPC-RIL gas dispute.

The RNRL has claimed that the issues raised by the state owned power PSU have a direct effect on its own case against the RIL.

Currently, Mukesh Anbani led RIL and Anil Ambani led RNRL, are in a gas row. The case is in the Supreme Court and RNRL is asking for gas at $2.34 per mmBtu.

India’s major power producer NTPC has made announcement that the company has clinched a pact with Ministry of Power (MoP) and Japan International Cooperation Agency (JICA) to undertake joint project with technical assistance of JICA experts for `Study on enhancing Efficiency of Operating Thermal Power Plants in NTPC – India` in New Delhi.

The source close to the company said the proposed pact the outcome of talks under Indo-Japan Energy Dialogue.

India’s major power generator NTPC has made announcement that the company is searching the options to raise up to Rs 4,500 crore in the current financial year in order to fund its expansion proposal.

While commenting on this occasion, Mr. R S Sharma, NTPC Chairman and Managing Director stated, “We would raise up to $500 million (about Rs 2,450 crore) from the global market and Rs 2,000 crore from the domestic market through bonds for our expansion plans in the current financial year.”