Daily Archive: July 29, 2013

Power plants trip on oil ministry’s math

Investments of Rs 100,000 crore made into 24,000 MW greenfield gas fired power generation capacity have been left stranded because the petroleum ministry consistently got its math wrong on the fuel’s availability from domestic fields but no one in the...

Long-term power supply contracts down to trickle

Notwithstanding the policy emphasis on the sector, new power supply contracts have dried up over the last couple of years, owing to a host of factors like domestic fuel shortage, increased reliance on expensive...