A record capacity of over 75 GW was added over the last three years leading to over-capacity in thermal power. Industry doesn't see new thermal capacity being planned for some time, however, the existing capacity close to commissioning, or under construction will come to grid.
Tag: RLNG
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Rel Power gets in-principle nod for LNG-based plant
The Anil Ambani-led Reliance Power has won an in-principle approval of the Bangladesh government for the first phase of a 3,000 MW LNG-based power plant.
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NTPC among LNG subsidy bidders
The second day of imported re-gasified liquefied natural gas (RLNG) auction saw gas-based power plants, with a combined capacity of 3,401 MW
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Net profit of Gujarat Gas rises 91%
Net profit of Gujarat Gas rose 91.2 percent to Rs 101.13 crore during Apr-Jun 2013 compared to Rs 52.88 crore in the year-ago period. Gujarat Gas is a subsidiary of GSPC Distribution Network (GNDL), which recently acquired 73.70 percent stake in the firm. Consolidated profit after tax (PAT) of the firm during the quarter stood at Rs 100.6 crore as against Rs 59.50 crore in the preceding quarter. It may be recalled that this is the first time the firm is reporting the consolidated profit afte
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Gujarat Gas may face low gas volume
Some analysts feel that the gas volume of Gujarat Gas Co. may be muted in the coming months because of falling domestic output of natural gas. The company may hesitate to import regassified liquefied natural gas (RLNG) as it is costlier than domestically produced gas. Also, most of Gujarat Gas consumers are from the industrial segment and this limits the companyÂ’s ability to increase costs, some analy
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CGD segment in limbo
The government introduced the Petroleum and Natural Gas Regulatory Board to regulate and develop the City Gas Distribution business in India. However, the sector is still facing many challenges on its way,
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More gas for AP
NTPC and Reliance Industries (RIL) will soon enter into a complex deal to ensure supply of more gas to Andhra Pradesh’s power projects.
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Gujarat Gas to buy RLNG
Gujarat Gas entered into an agreement with BG India Energy Solutions (BGIESPL), for the purchase of re-gasified LNG (RLNG).