India eyes gas allocation mechanism for domestic power plants

It aims to address pressures from gas unavailability.

The Indian government has proposed to set up a priority gas allocation mechanism for the power generation sector for the next two financial years. It would pool ONGC deep offshore gas with imported LNG and supply it to the domestic power plants. The government is mulling over two options, either by auctioning the gas or by allocating it to power projects by rotation.

The rationale behind this proposal is the difficult situation of India's operational gas-fired capacity, which is under pressure because of gas unavailability. India's power sector currently gets around 40% of the total domestic gas distributed throughout the country and NTPC consumes a significant portion of it with its seven gas-fired power plants.

This article was originally published by Enerdata.

Also Read

How Vietnam can unleash its offshore wind potential

Carbon market for Asia-Pacific region pushed

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit