Scribd Logo
Upload

Welcome to Scribd!

  • No More Gas-Based Plants Till 2015: Govt To Power Companies: The Economic Times, 3/15/2012

    Uploaded by

    danteedmond
    3 views4 pages
    The Indian government has asked power companies to refrain from developing new natural gas-fired power plants until 2015 due to dwindling domestic natural gas supplies that are threatening the viability of existing gas-based projects totaling 37,000 MW of capacity. The power ministry issued an advisory to developers to not plan projects relying on domestic gas until 2016. Additionally, domestic gas production from Reliance Industries' KG-D6 basin is projected to decline significantly in the next two years, exacerbating existing shortages. About 28,000 MW of existing gas-fired plants are currently operating at less than half capacity.

    Original Description:

    Original Title

    News

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PPTX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The Indian government has asked power companies to refrain from developing new natural gas-fired power plants until 2015 due to dwindling domestic natural gas supplies that are threatening the viability of existing gas-based projects totaling 37,000 MW of capacity. The power ministry issued an advisory to developers to not plan projects relying on domestic gas until 2016. Additionally, domestic gas production from Reliance Industries' KG-D6 basin is projected to decline significantly in the next two years, exacerbating existing shortages. About 28,000 MW of existing gas-fired plants are currently operating at less than half capacity.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    3 views4 pages

    No More Gas-Based Plants Till 2015: Govt To Power Companies: The Economic Times, 3/15/2012

    Uploaded by

    danteedmond
    The Indian government has asked power companies to refrain from developing new natural gas-fired power plants until 2015 due to dwindling domestic natural gas supplies that are threatening the viability of existing gas-based projects totaling 37,000 MW of capacity. The power ministry issued an advisory to developers to not plan projects relying on domestic gas until 2016. Additionally, domestic gas production from Reliance Industries' KG-D6 basin is projected to decline significantly in the next two years, exacerbating existing shortages. About 28,000 MW of existing gas-fired plants are currently operating at less than half capacity.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 4

    The Economic Times,3/15/2012

    NO MORE GAS-BASED PLANTS TILL 2015: GOVT TO POWER COMPANIES

    Government has asked power producers to

    refrain from setting up new gas-based plants as dwindling fuel supply is threatening viability of 37,000-MW of existing and upcoming projects. The power ministry has issued an advisory to developers for not planning projects based on domestic gas till 2015-16. The directive signals that no further gas-based power generation capacity would be considered for allocation until existing gas demand is fulfilled.

    Gas production from Reliance Industries' KG-D6

    basin is likely to go down by 15.03 mmscmd in 2012-13, and additional 3.42 mmscmd in 2013-14, against the availability of 42.67 mmscmd of gas in 2011-12. The government has issued the advisory to power companies. About 28,000 MW of existing power projects are operating at sub-optimal capacity of about 50-55%. If no action is taken by next year operational capacities will fall to 44%, making the projects economically and financially unviable

    Thank You

    You might also like