20 Feb 2010;dailypioneer.com:New Delhi: NTPC Ltd has signed agreement to buy 1.2 million cubic meters a day of more gas from Reliance Industries’ eastern offshore KG-D6 fields at the government-approved price of $4.2 per mmBtu. NTPC signed Gas Sale and Purchase Agreement (GSPA) to buy more gas on February 16, taking its total supplies from KG-D6 to 1.81 mmscmd, sources said. The government had in October 2009 allocated NTPC 3.85 mmscmd, beyond the 0.61 mmscmd it had earlier signed for. But NTPC did not want to use the KG-D6 gas at its Kawas and Gandhar power plants in Gujarat, which are connected with pipelines ferrying KG-D6 gas from the Andhra coast. So, a swap arrangement was worked out wherein GAIL India was to divert gas from other sources to NTPC and supply Reliance gas to its existing customers.
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