Ten stranded gas-based power plants to be revived
The Dollar Business Bureau Ten stranded gas-based power generation plants have put themselves back on the line by bidding in an reverse e-auction process for generating 5.05 billion units of electricity. The power generated will be bought by Discom between June 1, 2015 and September 30, 2015 with support from the government to the tune of Rs 723.00 crore from the Power System Development Fund, said a PIB release. The grid connected gas based power generation capacity in the country is 24,150 MW. Of this, a capacity of 14,305 MW had no supply of domestic gas and is competely stranded. These comprise 29 plants of which 9 plants are yet to be commissioned. All these plants were eligible to participate ...
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 ...
