← Back to all Signals

Reliance Industries says Rs 10 lakh Supreme Court order in NTPC gas case was ‘costs’, not fine

Source
The Economic Times - Industry
Source link
https://economictimes.indiatimes.com/industry/energy/oil-gas/reliance-industries-says-rs-10-lakh-supreme-court-order-in-ntpc-gas-case-was-costs-not-fine/articleshow/133322883.cms
Published
2026-08-18 12:44:39
Discovered by ProcIntel
2026-08-18 23:39:19
Category
Procurement & Supply Chain News
Geography
India
Organisations
Review status
Pending
Record type
REAL

Summary

Reliance Industries on Tuesday clarified to stock exchanges that the Supreme Court did not impose a Rs 10 lakh fine or penalty on the company in the NTPC gas supply case. RIL said the amount ordered by the court was costs payable to the Supreme Court Advocates-on-Record Association and did not require disclosure.

Procurement Relevance Gate

FAIL — score 7.0/100 — evaluated 2026-08-18 23:39:19
Only geographic exposure matched — no substantive content indicator, so this cannot pass alone.
  • geographic_exposure (weight 8) — matched on "1 linked geography"

Initial Signal Assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically-computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Not Assessed — this Signal did not pass the Procurement Relevance Gate, or is fictional/excluded test data.