(Phone ringing)
Nira: Hello! Hello! Padmanabhan: Yaa, this is Paddy speaking.
Nira: Hello! Padmanabhan: This is Paddy speaking. Can I talk to Nira?
Nira: Yaa, speaking. Hi! Padmanabhan: Ehh... Good morning. I have SR also with me. SR: Hi Nira!
Nira: Hi! How are you? SR: Fine. Yaa.
Nira: I just wondered. I got a...um, you know this matter is coming up tomorrow in the Supreme Court. SR: Yaa.
Nira: Apparently RNRL has asked for a stay which maybe they will not get. What I understand from Mukesh's people.
Nira: They will... Harish is not in town. Harish will be there for Wednesday. SR: Yaa.
Nira: So the matter for RIL's petition will come up on Wednesday and... But Anil's lawyers have indicated today that they have no intention of holding out for Wednesday and therefore they will move for an interim stay tomorrow.
Nira: Which they can't get because it is only going to get mentioned first but they want an interim stay on all the agreements. SR: Ok.
Nira: What we wondered is that I believe that several of the companies that have signed the GSPA have written letters now to the government on both the allocation issue as well as disparity in pricing.
SR: Hmm! Nira: I am just wondering whether Tata Power was sending a letter.
SR: See originally we said that we will look at sending the letter if the other power producers are also sending. Nira: Yaa!
SR: You are now telling me this is only those who have signed the gas supply agreement with RIL.
Nira: No I think many of them that have written in to the government like for eg. GVK. SR: Hmm!
Nira: Has sent their letter. I am going to get a copy of that letter in a little while. I think there are several of them, Torrent...
SR: Hasn't GVK signed a gas supply agreement? They have. Nira: Yes they have. Yes they have. Have we signed a gas supply agreement?
Padmanabhan: See what we have with RIL is we have signed a gas supply agreement but there is no allocation for us as yet.
Nira: Yes because what I did indicate it to Mr Tata last week when I met him. As you know Mr. Tata had met up with Mukesh also.
SR: Hmm! Nira: What has been... What has transpired is that I believe they were giving us one MMSCB and Mukesh has indicated to Prasad which...
Nira: PMS Prasad that he must ensure that the government gives us allocation for the second because we have applied for two, haven't we?
SR: Yes we have filled... That's right. Yes.
Nira: And the indication was that even if we get one more... But given that we have only applied for two, we should get two so they were pushing the government to ensure on our behalf that we get the two.
SR: Hmm! Nira: Which I think, Mukesh has given his word to both Mr. Tata and mentioned to me separately.
Nira: I called Mr. Tata last week and let him know that he had said that we are pushing for the second as well.
SR: Hmm! Hmm! See Nira, the only thing that we would like to make sure is that we don't appear as the one company doing it, yaa?
Nira: Yaa, I don't think you are the only one. I'll get the list of everyone that's done it.
Nira: I know but seven or eight letters have come in already including the state of Andhra has also written it.
SR: Ok and we all can have this similar content so that we don't have any issues on that. Padmanabhan: You can lay your hand on GVK's letter Nira?
Nira: Yes, yes. I'll get it in a... inf act Prasad said to me that he will send it to me in about half an hour. Padmanabhan: Ok.
Nira: So I'll get you the GVK letter. SR: Yaa, wonderful.
Nira: Because they have also taken legal advice. SR: Ok.
Nira: And they have been told to actually feed in the matter you know because not to let it pend...
Nira: I think everyone more or less out of the 40 agreements including the fertiliser companies are going to go to the Supreme Court by the look of things.
SR: Haa! The fertiliser companies have an association like TRAI. Nira: Ehuh!
SR: The power companies, what happened, an association is just getting formed. Unfortunately the association was first convened last month. Nira: Ehuh!
SR: By and it is being chaired by Anil Ambani's RCL. Nira: Oh God!
SR: So that's what when Prasad was... When we discussed this, Prasad was saying this issue is there. Nira: Ehuh!
SR: So the association cannot right because there is a vested party in the membership there. Nira: Yes, yes.
SR: So what we will do, if you can get us the letter we will run through it quickly. Nira: Ehuh!
SR: And also it will help to know if more than five, six companies are there...
Nira: I'll let you know. I know but seven of them till Saturday had already done so.
Nira: I also know that the Andhra Government on behalf of its own state government requirements had also written. I am expecting to get copies of those letters. SR: Ok.
Nira: The GVK letter Prasad had indicated that he was going to send to me by about one o'clock today. So I should get that in a little while.
SR: Wonderful. Nira: Ill send that across to you and then we can look at sending a letter along those lines, isn't it? SR: Yes, yes.
Nira: Ok! That will be great because I don't think we are the only ones. I believe everyone is going down that route.
SR: Ok, ok! So once I get the letter I'll give you a call.
Nira: Ok so I'll get it across to you then. SR: Ok, thank you! Nira: Ok, thank you! Bye, bye! (Tape ends)