Energy Minister Khurrum Dastagir told Reuters the outage was caused by a large voltage surge in the south of the grid, which affected the entire network.
BC Tripathi, chairman, GAIL explains to CNBC-TV18 that the petrochemical business was adversely impacted by glitches such as a plant shutdown and power-grid failure. Tripathi adds that the PSU is in talks with PNGRB over the reduction of LPG tariff.
Raise diesel prices or else face a situation similar to the recent grid failure which led to complete blackout across 20 states for hours, Planning Commission Deputy Chairman Montek Singh Ahluwalia said today.