Cost-plus cover for NTPC stymies power sector revival

Cost-plus cover for NTPC stymies power sector revival

Even as a dearth of new power purchase agreements is stalling many under-construction and existing private power units, the virtually exclusive regime of cost-plus tariffs for the state-run NTPC is further undermining their ability to commence operations or operate at higher capacities.

USD 60 bn investment coming in gas infrastructure: Pradhan

USD 60 bn investment coming in gas infrastructure: Pradhan

India is investing over USD 60 billion in developing natural supply and distribution infrastructure as it chases the target of more than doubling the share of natural gas in its energy base to 15 per cent by 2030, Oil Minister Dharmendra Pradhan said on Sunday.

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