Imported Gas

Harshvardhan Dole, vice-president, institutional equities at IIFL says the arrangement is such that companies will barely be able to recover operational costs. It will only ensure that companies start addressing project specific debt.

Nine stranded power plants win bids for cheap gas supply

A total of nine gas-based power plants won bids to recieve cheap imported R-LNG that would help supply them enough fuel to help bring them up to 35 percent capacity.

To cap discoms' subsidy in lieu of cheap gas: Power secy

With the distribution segment still remaining a problem area, the government is contemplating competition in the distribution space, which would be a big advantage for consumers who can buy power from the company of their choice, said Pradeep Kumar Sinha, secretary, Ministry of Power.

Importing gas will kickstart 14,000 MW power plants: Goyal

The government will auction the gas via a reverse bidding process to ensure that power tariffs do not go up. Each plant can bid up to 30 percent of its plant load factor.

Zero duty on imported gas should be for all sectors: GAIL

Gas Authority of India Limited (GAIL) feels that though the government's decision for no duty on imported gas for power generation, it should be implemented for all purposes, he told CNBC-TV18.

Coal India unable to meet power demand: NTPC CMD

Speaking to CNBC-TV18 about its differences with Coal India, NTPC CMD Arup Roy Choudhury said the company is not sure if the coal giant has the ability to meet the power sector's growing demand.

Expecting Rs 2400-2500cr subsidy this year: GAIL

Since losses for the company are much higher, the chief financial officer of GAIL,PK Jain, expects the subsidy from the government to increase to Rs 2400-2500 crore for the current year.