Supply fuel, rejig PPAs for gas-based power projects: industry


Supply fuel, rejig PPAs for gas-based power projects: industry

Power industry experts believe the measures to revive gas-based power projects currently in discussion by the government could work only in the short-term .

That’s because more than half of around 24,000 MW gas-based capacity is stranded mainly due to non-availability of domestic gas. The list of 30 stranded gas based projects, most of which are in the private sector, includes those of Torrent Group, Lanco, GMR, GVK, Astha Power, Reliance Infra and RVK Energy.

The government has been lately mulling a 18,000-crore support scheme for the gas-based power plants, according to industry sources, to salvage the sector. Read More

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