New Delhi: The Mukesh Ambani-led Reliance Industries Limited has sent a new letter to the Oil Ministry.
Network 18 has learnt that the letter is about the advertisement campaign against RIL by the Anil Dhirubai Ambani group.
The letter has called RNRL's advertisement campaign a malicious, mischievous, baseless and an ill-informed one. It says that the campaign attempts to belittle the achievements of professionals and regulators.
It further goes on to say that the ad is an attempt to destroy the value of RIL and its partners in the market.
The letter was shot off a day before the Government issued a statement on the feud between the Ambani brothers on Friday.
GOVT CALLS AD CAMPAIGN 'UNFORTUNATE'
The Union Government has asked Mukesh Ambani and his younger brother Anil Ambani to show restraint after the Anil Dhirubhai Ambani Group went on a media overdrive with a sustained ad campaign in several national dailies.
Replying to allegations that it sided with Reliance Industries Ltd at the cost of its own profits and that of National Thermal Power Corporation (NTPC), the Government said that it stood by the price fixed by the Empowered Group of Ministers at 2 per mBtu.
Countering the claims made by ADAG that the Government stood to lose because of the Petroleum Ministry's connivance with Mukesh Ambani-led RIL on the gas issue, an official statement said the Centre would earn Rs 84,000 crore from Krishna-Godavari-D6 gas fields and not just Rs 500 crore as projected in the campaign.
The statement also said that Anil Ambani's ad campaign in newspapers was unfortunate and advised restraint since the matter was subjudice. The government also said that it was also committed to protecting NTPC's interests and committing to uphold the rule of law while making it clear that it cannot enter into "needless and unnecessary controversies".
ADAG, however, maintained its ad campaign was not propaganda against the government. ADAG claimed that the facts were correct and that the government would be getting only Rs 500 crore while RIL would gain Rs 50,000 crore by selling gas at $4.2 per mBtu.
Anil Ambani's group has claimed that its allegations are confirmed by RIL's letter to the Petroleum Minister and added that the Empowered Group of Ministers decision in 2007 fixing the gas price at $4.20 does not apply to the RIL-RNRL gas case.
Anil Ambani group had last Monday started a front-page ad campaign in almost all the national dailies, questioning the Petroleum Ministry's role on the gas issue.
A decision to issue the statement was taken by a group of ministers on Thursday night at a meeting that was attended by Finance Minister Pranab Mukherjee, Petroleum Minister Murli Deora, Power Minister Sushilkumar Shinde and Law Minister Veerappa Moily.
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