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.
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 (PLF).
JSW Energy, which has an operational power generation capacity of 3,140 MW, said it has received all requisite environmental approvals for the 240 MW project at Kutehr in Himachal Pradesh.
GVK Power and Infra is keen to address fuel shortage concerns which may hurt financials in FY14.