In what is seen as a victory for Reliance Natural Resources (RNRL) in the tussle with Reliance Industries over the KG basin D6 gas, the Bombay High Court on Monday upheld the maintainability of RNRL’s plea and asked RIL to supply gas to the latter to the tune of 28 mmscmd for 17 years at a price of USD 2.34 per mmbtu.

The RIL-RNRL case is related to a conflict over the terms of supply of natural gas from RIL’s Krishna Godavari Basin to Anil Ambani’s Dadri Power plant in Uttar Pradesh. Mukesh Ambani-promoted RIL wanted to sell the gas at USD 4.2 per mmbtu.

The court has asked the two parties to enter into an agreement within a month along the stipulated ruling. The HC also said the parties can approach Kokilaben Ambani — the mother of the estranged industrialists Anil and Mukesh Ambani — to reach an arrangement or approach a company court. The interim order would continue till all remedies for the argument are exhausted, the court said.