RIL, NTPC signs gas supply deal

Reliance Industries said on Thursday it has signed gas supply agreements with state-run utility NTPC to supply gas for some of its power plants for five years. Reliance will supply 0.61 million standard cubic metres a day (mscmd) to NTPC, and expects to start supplies within a week. "The quantities and price of gas under the GSPA's signed for five years are as approved by the government," the company said in a statement.