Motilal Oswal
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Motilal Oswal
Apr 27, 2018 12:10 PM IST | Energy

Why gas power plants are in total disarray

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
Published Date: Apr 25th, 2018 11:07 AM | Updated Date: Apr 27, 2018 12:10 PM IST

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