Delhi High Court verdict in case related to natural gas extraction

The government will collect crores of rupees from Mukesh Ambani's Reliance Industries. The Delhi High Court has ruled in favor of the government in one case. So at the same time, Petroleum Minister Hardeep Singh Puri has given a statement in this matter and said that the government will try till the end to recover this money. Reliance Industries and its partners received $ 2.81 billion or about 100 crores. 24,490 crore rupees are to be recovered.

What is the whole matter?
Reliance Industries and its partners, the country's largest and prestigious company, have received an investment of $ 2.81 billion, or about Rs 1,000 crore. 24,490 crore rupees are to be recovered. The Delhi High Court has ruled in favor of the government in a case related to natural gas extraction. Now the government has also prepared to recover the pie from Mukesh Ambani. Petroleum Minister Hardeep Singh Puri has given a big statement in this context. Petroleum and Natural Gas Minister Hardeep Singh Puri said that his ministry will try his best to meet the demand of $ 2.81 billion of Reliance Industries and its partners. His statement is considered to be a major response from the government on this matter.
Indeed, this case is related to the extraction of natural gas by Reliance Industries and its partner companies. The government claims that Reliance and its partner companies extract natural gas from such gas areas that they have no right to use. In this case, the Government of India sought a payment of $ 1.55 billion from Reliance. Reliance took the case to the International Arbitration Court, where a decision came in his favor in July 2018. The government's $ 1.55 billion claim was rejected. After this, the government approached the Delhi High Court. On the 14th of last month, the Delhi High Court ruled in favor of the government. Only after this, the government has issued a demand notice of $ 2.81 billion. Reliance confirmed the receipt of this notice on 3 March 2025.
What did the Petroleum Minister say?
Petroleum Minister Hardeep Singh Puri has said that this recovery will be done in the case related to gas migration. When asked about the recovery of $ 2.81 billion, Petroleum Minister Hardeep Singh Puri said that the court has made its stand clear. And the government will try to recover this money till the end. The case is related to the KG-D6 block located in the Krishna-Godavari basin. Reliance has the right to extract natural gas in the region. But the government company ONGC claims that Reliance has transferred gas from KG-DWN-98/2 blocks to the region. Let us tell you that KG-DWN-98/2 block has been allocated to ONGC.