Oil ministry proposes to bring gas-based power plants under price pooling scheme

The oil ministry wants all domestically produced gas to be included in the price pooling scheme to save about Rs 1,00,000 crore of private power projects, a proposal that would adversely affect some electricity generation plants operated by state-owned NTPC.

The Ministry for Petroleum and Natural Gas has informed the power ministry that no additional gas output will be available from fields auctioned under the New Exploration Licensing Policy until March 2017. If the price pooling sche ..

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