Search Result for : Cabinet Committee Meeting On Economic Affairs

Revival of stranded gas-based units to boost power generation

Sai Nikesh | The Dollar Business   In a move to boost power generation in the country, the Government of India approved a major policy intervention to revive and improve the utilization of gas-based power generation units in the country. A decision to this effect was taken in a Cabinet Committee meeting on Economic Affairs, chaired by the Prime Minister, Narendra Modi, on Tuesday. To revive the stranded gas-based plants in the country, the government has announced a mechanism where the Regasified Liquified Natural Gas (RLNG) will be imported and supplied to these plants, boosting the overall power generation in the country. Through this move, 31 gas-based power units in the country with a capacity of 14,000 MW, those ...