Corporate News     09-Feb-16
Deepak Fertilizers & Petrochemicals Corp provides updates
On issue of supply of domestic gas to its plant in Raigad, Maharashtra
Deepak Fertilizers & Petrochemicals Corp announced that pursuant to the Order by Ministry of Petroleum & Natural Gas (MOPNG), the supply of domestic gas to the Company's Plant situated at Plot No.K-1, Taloja MIDC, Dist. Raigad, Maharashtra had been stopped by Gas Authority of India (GAIL) and Reliance Industries RIL) w.e.f. 6.00 a.m. on 15 May 2014. The Company challenged this decision by filing the Writ Petition W.P.(C) No. 2973 of 2014 before the Hon'ble High Court of Delhi.

The Single Judge of Hon'ble High Court of Delhi vide his Order dated 07 July 2015 disposed of the Writ Petition No. 2973 of 2014 and directed the Government of India to resume the supply of gas to the Company. However, the supply of natural gas was not restored and therefore an appeal was filed before the Division Bench of the High Court of Delhi.

The Division Bench of Hon'ble High Court of Delhi vide its Order dated 19 October 2015, reaffirmed the direction of the Learned Single Judge in his Order dated 07 July 2015 to resume supply of natural gas to the Company.

The Union Government of India filed a review petition before the Hon'ble High Court of Delhi, seeking review of the Order dated 19 October 2015.

The Division Bench of the Hon'ble High Court of Delhi, vide its Order dated 02 February 2016, which has been received on 09 February 2016, dismissed the aforesaid review petition of Union Government of India for the reasons explained in the Order.

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