To Revive Projects, Gas-based Power Companies Seek Subsidised Natural Gas Imports

To Revive Projects, Gas-based Power Companies Seek Subsidised Natural Gas Imports

Gas-based power producers have asked the government to revive the projects by reintroducing an earlier scheme to supply subsidised imported natural gas.

The 25,000 MW gas-based domestic plants, of which over 14,000 MW are stranded, have a debt of more than Rs 48,000 crore either declared as bad loans or undergoing restructuring.

Power producers have demanded reintroduction of the scheme along with other tax benefits including waiver of taxes by central and state governments on imported natural gas gas, reduction of pipeline tariff charges, marketing margin, regasification charges and power transmission charges. Read More…

 

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