Next week, the public accounts committee (PAC) will be seeking answers from RIL executives on charges of having availed undue concessions, levelled by the Comptroller and Auditor General (CAG), concerns which have been aired by CPI(M) Rajya Sabha member Tapan Kumar Sen. Excerpts from an interview:
What has been the impact of the lower gas production from the Krishna-Godavari basin?
It is creating serious problems for fertiliser and power generation units. The drop in K-G gas production has led to an estimated Rs 15,000 crore direct loss to the energy economy.
Are you going to bring up this issue in Parliament?
Let us see how the government responds. They have not responded to any of my queries in the last few years—I am not too optimistic.
Is there a case for upward revision of gas prices at par with international trends?
Why should domestically produced gas be priced at international rates? Nowhere is it done. RIL is using coercion to...