Reliance Natural Resources (RNRL) which is now demanding an immediate allocation of its share of gas from RIL`s KG basin, is ready to follow the utilization policy while selling the gas to third party customers, reports Economic Times.

RNRL has alleged that its Dadri power plant has not come up as RIL failed to sign the gas deal in time.

RNRL now wants to sell the allocated gas to fertilizer and power plants (as per the gas utilization policy) till such time as it is ready to consume the gas for its own plant.

Shares of the company closed down Rs 4.9, or 6.73%, at Rs 67.95. The total volume of shares traded at the BSE was 9,500,984 (Monday).