Associate Partner

    NIFTY 50

Why gas power plants are in total disarray

Updated : April 27, 2018 12:10 PM IST

Several gas-based power plants were built on government coaxing, but have since been stranded due to the arbitrary flip-flops in the allocation of gas for the sector by the government.
The Andhra Pradesh High Court had directed the government to re-examine the gas allocation policy and undertake consultations with the affected stakeholders, but the government is still to act.
Instead of seeing how the stranded infrastructure can be efficiently utilised and maximum benefit be extracted, there is increasing clamour to send the stranded gas based capacity through the shredder process of the Insolvency and Bankruptcy Code.
Why gas power plants are in total disarray
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV