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LNG price fall: Stranded power assets likely to get all fired up soon
Jul 04:
The fall in LNG prices may get India's latest gas based capacity restarted
8Latest data seems to suggest that gas based power at lower prevailing spot rates can be in fact be cheaper than coal based power, without any subsidy.
8With subsidy, and if taxes are rationalized, all of the stranded capacity can get activated
8If gas based power plants go into production, there can be a big increase in gas offtake in India
Click on Reports to know how the arithmetic works out
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8Latest data seems to suggest that gas based power at lower prevailing spot rates can be in fact be cheaper than coal based power, without any subsidy.
8With subsidy, and if taxes are rationalized, all of the stranded capacity can get activated
8If gas based power plants go into production, there can be a big increase in gas offtake in India
Click on Reports to know how the arithmetic works out
