Govt may bring plan to prevent Rs 1-trn power sector debt from becoming NPA
In an attempt to prevent close to Rs 1 lakh crore of debt in the power sector from turning into non-performing assets, the government may launch a new scheme that will enable stressed gas-based power projects to run their plants using a mix of domestic and imported gas.
The new scheme, akin to eRLNG (electronic regassified liquefied natural gas) scheme that helped 31 stranded power projects to restart operations using imported gas two years back, is expected to benefit projects worth 15,000 MW belonging to Essar Power, Torrent Power, GSPC, Reliance Infra, GMR, GVK, and NTPC and another 10,000 MW of running projects operating a lower load factor of 25-30 per cent.
