1 00:00:06,624 --> 00:00:16,864 (Phone ringing) 2 00:00:16,864 --> 00:00:23,520 Nira: Hello! Hello! Padmanabhan: Yaa, this is Paddy speaking. 3 00:00:23,520 --> 00:00:28,128 Nira: Hello! Padmanabhan: This is Paddy speaking. Can I talk to Nira? 4 00:00:28,128 --> 00:00:33,248 Nira: Yaa, speaking. Hi! Padmanabhan: Ehh... Good morning. I have SR also with me. SR: Hi Nira! 5 00:00:33,248 --> 00:00:36,832 Nira: Hi! How are you? SR: Fine. Yaa. 6 00:00:36,832 --> 00:00:45,280 Nira: I just wondered. I got a...um, you know this matter is coming up tomorrow in the Supreme Court. SR: Yaa. 7 00:00:45,280 --> 00:00:51,936 Nira: Apparently RNRL has asked for a stay which maybe they will not get. What I understand from Mukesh's people. 8 00:00:51,936 --> 00:00:57,568 Nira: They will... Harish is not in town. Harish will be there for Wednesday. SR: Yaa. 9 00:00:57,568 --> 00:01:12,928 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. 10 00:01:12,928 --> 00:01:22,400 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. 11 00:01:22,400 --> 00:01:37,503 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. 12 00:01:37,503 --> 00:01:42,624 SR: Hmm! Nira: I am just wondering whether Tata Power was sending a letter. 13 00:01:42,624 --> 00:01:53,632 SR: See originally we said that we will look at sending the letter if the other power producers are also sending. Nira: Yaa! 14 00:01:53,632 --> 00:02:00,543 SR: You are now telling me this is only those who have signed the gas supply agreement with RIL. 15 00:02:00,543 --> 00:02:06,688 Nira: No I think many of them that have written in to the government like for eg. GVK. SR: Hmm! 16 00:02:06,688 --> 00:02:11,551 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... 17 00:02:11,551 --> 00:02:18,720 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? 18 00:02:18,720 --> 00:02:25,119 Padmanabhan: See what we have with RIL is we have signed a gas supply agreement but there is no allocation for us as yet. 19 00:02:25,119 --> 00:02:33,823 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. 20 00:02:33,823 --> 00:02:46,367 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... 21 00:02:46,367 --> 00:02:53,023 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? 22 00:02:53,023 --> 00:02:56,095 SR: Yes we have filled... That's right. Yes. 23 00:02:56,095 --> 00:03:07,615 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. 24 00:03:07,615 --> 00:03:15,295 SR: Hmm! Nira: Which I think, Mukesh has given his word to both Mr. Tata and mentioned to me separately. 25 00:03:15,295 --> 00:03:20,159 Nira: I called Mr. Tata last week and let him know that he had said that we are pushing for the second as well. 26 00:03:20,159 --> 00:03:28,608 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? 27 00:03:28,608 --> 00:03:32,192 Nira: Yaa, I don't think you are the only one. I'll get the list of everyone that's done it. 28 00:03:32,192 --> 00:03:37,567 Nira: I know but seven or eight letters have come in already including the state of Andhra has also written it. 29 00:03:37,567 --> 00:03:47,295 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? 30 00:03:47,295 --> 00:03:52,927 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. 31 00:03:52,927 --> 00:03:57,279 Nira: So I'll get you the GVK letter. SR: Yaa, wonderful. 32 00:03:57,279 --> 00:04:01,119 Nira: Because they have also taken legal advice. SR: Ok. 33 00:04:01,119 --> 00:04:06,239 Nira: And they have been told to actually feed in the matter you know because not to let it pend... 34 00:04:06,239 --> 00:04:13,407 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. 35 00:04:13,407 --> 00:04:18,527 SR: Haa! The fertiliser companies have an association like TRAI. Nira: Ehuh! 36 00:04:18,527 --> 00:04:26,463 SR: The power companies, what happened, an association is just getting formed. Unfortunately the association was first convened last month. Nira: Ehuh! 37 00:04:26,463 --> 00:04:35,167 SR: By and it is being chaired by Anil Ambani's RCL. Nira: Oh God! 38 00:04:35,167 --> 00:04:41,567 SR: So that's what when Prasad was... When we discussed this, Prasad was saying this issue is there. Nira: Ehuh! 39 00:04:41,567 --> 00:04:47,967 SR: So the association cannot right because there is a vested party in the membership there. Nira: Yes, yes. 40 00:04:47,967 --> 00:04:53,343 SR: So what we will do, if you can get us the letter we will run through it quickly. Nira: Ehuh! 41 00:04:53,343 --> 00:04:58,207 SR: And also it will help to know if more than five, six companies are there... 42 00:04:58,207 --> 00:05:02,048 Nira: I'll let you know. I know but seven of them till Saturday had already done so. 43 00:05:02,048 --> 00:05:13,055 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. 44 00:05:13,055 --> 00:05:20,479 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. 45 00:05:20,479 --> 00:05:26,880 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. 46 00:05:26,880 --> 00:05:31,488 Nira: Ok! That will be great because I don't think we are the only ones. I believe everyone is going down that route. 47 00:05:31,488 --> 00:05:35,600 SR: Ok, ok! So once I get the letter I'll give you a call. 48 00:05:35,600 --> 00:05:40,639 Nira: Ok so I'll get it across to you then. SR: Ok, thank you! Nira: Ok, thank you! Bye, bye! (Tape ends)