RPT-India's Reliance Indust, NTPC signs gas supply deal

Thu Sep 24, 2009 5:04am EDT

(Repeats to attach story to alert)

MUMBAI, Sept 24 (Reuters) - India's Reliance Industries (RELI.BO) said on Thursday it has signed gas supply agreements with state-run utility NTPC (NTPC.BO) 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. (Reporting by Prashant Mehra; Editing by John Mair)

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