The Centre’s directive to gas-based power plants is an ad hoc step and does not address chronic problems in the power sector
As per the tender document reviewed by Moneycontrol, the last date for submission of bids is March 23. The minimum guaranteed offtake during the identified crunch period shall be 1209.6 MU. Any offer of less than 50 MW by a bidder will result into non- responsiveness of bid, it stated.
CR Prasad, Former CMD of GAIL points out that three new LNG plants are under construction on the eastern coast.