Lack of gas, high cost ‘stranded’ more than half of India’s gas-based power plants
Policy flip-flops, irresponsible attitude of states have put gas-based power plants on the verge of becoming non-performing assets More than half of India’s capacity to generate power from natural gas is not being used due to lack of gas, putting plants on the verge of becoming non-performing assets, according to a parliamentary panel. The non-availability of domestic gas and high cost of imported supply has “stranded” gas-based power...