The Reliance gas dispute has ended by strengthening government control on the way natural gas is sold in India
It wasn’t just the Ambani brothers and their political friends that were keenly watching the Supreme Court verdict on the natural gas pricing dispute. The entire energy industry—especially the protagonists of free market pricing—was following it too. For, a verdict in favour of Anil Ambani would have effectively stripped the government of its control on gas pricing and achieved a policy coup that years of lobbying in New Delhi had failed to.