Govt shelves a proposed revival scheme for the country’s 24,000 MW gas-based projects
New Delhi: The government has shelved a proposed revival scheme for the country’s 24,000 MW gas-based projects due to low global gas prices and unwillingness of states to forego taxes, but will allow the stressed plants to put in pooled bids with renewable energy projects.
Power and renewable energy minister R K Singh told ET that the government will allow all conventional sources in the next tender to support renewable plants supply round-the-clock electricity.
“One bid for 5,000 MW round-the-clock supply is out where 49% is coal-based and 51% is renewable energy. We had thought of allowing gas-fired power plants in this, but it was pointed out that we import natural gas. This time, we have not done it, but in the next bid, we may open it up. We can make it source-neutral,” he said.
