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Govt may fund unrealised input cost of gas-based central power PSUsThe proposal is likely to be discussed this week by concerned stakeholders, another official said, requesting anonymity. Much of India's ga...- Government mulls long-term gas contracts to run power plants: Piyush GoyalEarlier last year, the government had launched gas subsidy scheme under the Power System Development Fund (PSDF) to run stranded gas-based ...
- Transmission project worth Rs 50k cr to go under hammer in FY'17The auctioning of transmission projects assumes significance in view of government's ambitious target of adding 175 GW of renewable power c...
- Gas-based power projects may forego concessions: India RatingsAccording to the report, the negative bid is a positive for the sector as the plants are no longer dependent on the government subsidy.
- Dabhol, GMR, GVK, Lanco secure gas under PSDF schemeThis auction will be finalised on the basis of e-bidding results by the EPMC and after that the successful bidders would be awarded gas.
- PSDF scheme aims at providing fair chance to all: Piyush Goyal"The objective (of gas auction under PSDF) is that everybody must get fair opportunity," Goyal said.
- Rs 1,600 crore gas auction for 24GW plants to begin tomorrowWhile the government will offer Rs 1,400 crore subsidy for SGPs, the DGPs will be offered Rs 200 crore to buy imported gas to run their pla...
- Rs 1,600 crore gas subsidy auction for 24 GW plants on March 15Power plants rarely use costly imported LNG as electricity produced from the fuel would cost much more than that from a domestic coal-fuell...
- Percentage of NPAs contributed by discoms in public sector banks is 4.10%"PSBs advance as on March, 2015 is Rs 4,82,451 crore," Minister of State for Finance Jayant Sinha said in a written reply to Rajya Sabha.
- Gas subsidy auction for power plants likely in few weeksThe third reverse e-auction to provide subsidy to buy gas for running stranded power projects and those operating at sub-optimal level is l...
- GIPC inks pact for subsidy to buy imported gasGujarat Industries Power Company has inked formal agreements for subsidy to buy expensive imported gas to produce 17.59 million units of el...
- GMR Energy 2 plants in Andhra Pradesh to get gas subsidyGMR Energy said its two gas- based plants in AP having a capacity of 1,138 MW will get government subsidy on use of re-gasified liquefied n...
- 10 power plants to get imported gas supplyTen idle power plants belonging to Torrent Power, Lanco Infra, GVK power and others, with 6,860 MW capacity to get imported gas supply.
- 14 bidders in fray for LNG subsidy to stranded power plantsStranded plants with 8,100 MW capacity have been registered for this round of bidding for which the government subsidy outgo will be Rs 792...
- E-auction for allocation of imported regasified liquefied natural gas to begin on May 12Regasified LNG imports can light up 9,000 mw of stranded power plants.
- Bidding process to rescue Rs 60,000 crore power plants beginsThe bidding process to rescue stranded power projects worth Rs 60,000 crore began today with the companies putting in bids to be technicall...
- Private power companies to get up to Rs 7,500 crore subsidy in 2 yearsPower companies seeking the lowest support from PSDF, after considering an electricity tariff of Rs 5.50 per unit, will get the first right...
- Cabinet nod for financial support to revive stranded power projectsIn a bid to revive Rs 60,000 crore of stranded power projects, the Cabinet today approved a financial support to the private companies to h...
- Power Grid's subsidiary moves HC over Rs 872 crore tax demandA subsidiary of Power Grid Corporation of India Ltd has moved the Delhi High Court against the Income Tax department's demand of Rs 872 cro...
- Cabinet approves Power System Development FundThe government approved the proposal of the Ministry of Power for operationalisation of the Power System Development Fund.
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