Agra: The minimum consumption guarantee conflict between the GAIL (India) Ltd and Agra industrialists has taken a serious turn. Taking measures to recover its dues worth Rs 7 crore, GAIL has issued dues recovery and disconnection notices to the foundry units of Agra, demanding the payment of all dues according to the minimum guarantee pact inked by the foundry units. Cornered by GAIL''s threats to close gas supply to the units, foundry unit owners of Agra and Firozabad recently held a meeting at the National Chamber of Industries & Commerce (UP) in which they decided to raise this issue before the Union petroleum ministry in Delhi on July 24.
The industrialists have also decided to demand an increase in the gas quota of Agra and Firozabad from 1.1 million metric standard cubic metres per day (mmscmd) to 1.4 mmscmd as the gas volume being supplied by GAIL currently in both cities does not meet the demand and a lot of industrial units are still awaiting to be connected to gas pipelines. According to GAIL sources, at the time it had laid pipelines to supply natural gas to foundry units in Agra and Firozabad, GAIL had inked minimum consumption guarantee pacts with individual units and in anticipation of the success of an indigenously developed cupola furnace, the industrialists had inked the pacts.
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