Mumbai: Reliance Power, owned by billionaire Anil Ambani, is considering setting up natural gas plants in four Indian states after the country's Supreme Court backed his brother Mukesh Ambani in a row over fuel supplies.
Various state governments have shown interest in Reliance Power setting up large, gas-fired power projects within their borders after the Supreme Court's judgment, the company said yesterday.
"We are examining all options, including Uttar Pradesh, Andhra Pradesh, Maharashtra and Gujarat," the company said.
India's highest court said on May 7 that Reliance Industries, controlled by Asia's richest man Mukesh Ambani, should negotiate gas sales afresh with Anil Ambani's Reliance Natural Resources.
Reliance Power had sought to buy the fuel at a discount to the state-set price in line with a family agreement.
Reliance Industries, the operator of India's biggest gas field, said the fuel couldn't be sold at less than the government rate.
Reliance Power plans to develop two gas plants for a combined capacity of 10,280 megawatts.
The project includes a 7,480-megawatt plant planned at Dadri in northern Uttar Pradesh state.
The company has said it may scale down the Dadri plant due to disputes over acquiring land, and set up units with a combined capacity of 8,000 megawatts, the Economic Times reported yesterday.
Reliance Power plans to build 16 power plants with a total capacity of 33,780 megawatts, including seven coal-fired plants and seven hydroelectric plants, according to the website.
