Central government plans scheme to operate stressed gas-based projects

The central government is planning to launch a new scheme to enable stressed gas-based power projects to operate on a mix of domestic and imported gas. The proposed scheme, akin to e-bid regasified liquefied natural gas scheme, is expected to benefit projects aggregating about 25,000 MW, which are currently operating at suboptimal plant load factors of 25-30 per cent. As per initial discussions, the new scheme will be based on a gas auction mechanism where plants quoting the least subsidy support to offer electricity to discoms will be selected.

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