Power Ministry looks to revive gas-based power plants
The power ministry is looking at reviving gas-based power plants. It is also looking at increasing the PLF of coal-based power plants instead of adding new plants.
India currently has 25,000 megawatt of gas-based capacity, but of that 12,000 Mw remain stranded and rest are working at a very low plant load factor (PLF) of nearly 20-30 percent.
CNBC-TV18 has learnt that the power ministry is looking at reviving gas-based power plants. It is also looking at increasing the PLF of coal-based power plants instead of adding new plants.
The government plans to put together a joint task force by the ministry of petroleum and natural gas and the ministry of power that will work out details of supply and distribution policy for gas-based power projects.
Furthermore, the idea is to not have a subsidy-based scheme to revive gas-based power plants but supply gas based on market-driven price. The government is planning on having the states on board for assurance on procurement of gas-based power wherever it is being generated.
India is committed to 40 percent of its energy usage from non-fossil fuels.
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(Edited by : Bivekananda)
First Published: Jul 1, 2021 5:05 PM IST
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