{"id":413190,"date":"2021-05-03T11:03:35","date_gmt":"2021-05-03T05:33:35","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=413190"},"modified":"2021-05-03T11:03:35","modified_gmt":"2021-05-03T05:33:35","slug":"gas-based-power-plants-want-relaxed-bidding-norms-for-ongc-tender","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/gas-based-power-plants-want-relaxed-bidding-norms-for-ongc-tender\/","title":{"rendered":"Gas-based power plants want relaxed bidding norms for ONGC tender"},"content":{"rendered":"<p>Severely stressed gas-based power plants wants the government to relax the norms to bid for fuel from state-run Oil and Natural Gas Corporation\u2019s (ONGC) KG-DWN-98\/2 field located off shore in the east coast. ONGC has recently floated the tender for prospective buyers to bid for two million standard cubic meters per day (mscmd) gas from the field.<\/p>\n<p>In a letter written to the secretary of the Union petroleum and natural gas ministry, the Association of Power Producers (APP) has requested the government to reduce the security deposit amount to under Rs 2 crore, include an option to bid for gas for a one year tenure against the 3-5 year period sought by ONGC. APP also wants the relaxation of the financial criteria for eligible bidders. Stating that most gas-based power plants are stranded for unavailability of the fuel, most plants will not meet the net-worth criteria.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Severely stressed gas-based power plants wants the government to relax the norms to bid for fuel from state-run Oil and Natural Gas Corporation\u2019s (ONGC) KG-DWN-98\/2 field located off shore in the east coast. ONGC has recently floated the tender for prospective buyers to bid for two million standard cubic meters per day (mscmd) gas from the field. In a letter written to the secretary of the Union petroleum and natural gas ministry, the Association of Power Producers (APP) has requested the government to reduce the security deposit amount to under Rs 2 crore, include an option to bid for gas [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,195,138],"tags":[],"class_list":["post-413190","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-financial-express","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=413190"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/413190\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=413190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=413190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=413190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}