{"id":64625,"date":"2016-04-22T11:40:31","date_gmt":"2016-04-22T11:40:31","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=64625"},"modified":"2016-04-22T11:40:31","modified_gmt":"2016-04-22T11:40:31","slug":"india-exploring-long-term-gas-contracts-at-5mmbtu-piyush-goyal","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-exploring-long-term-gas-contracts-at-5mmbtu-piyush-goyal\/","title":{"rendered":"India exploring long-term gas contracts at $5\/mmbtu: Piyush Goyal"},"content":{"rendered":"<p>India is exploring gas purchase contracts spanning 10-15 years for power projects at a fixed price of $5 per mmbtu, power, coal and renewable energy minister Piyush Goyal said. <\/p>\n<p>Goyal said with about 28 GW of stranded gas assets, the country is a huge and promising market as long as the prices are right. &#8220;Given the current Baltic index, I believe this is a viable proposition,&#8221; the minister said at a renewable energy investors round table co-hosted by the Confederation of Indian Industry and the US India Business Council in New York on Thursday. <\/p>\n<p>Goyal projected India&#8217;s growth to be in double digits by next year, the caveat being that the country needs to get a strong monsoon. The country is open to help power sector investors hedge risk by linking the debt to a basket of currencies or exploring inflation linked tariffs,&#8221; he said. <\/p>\n<p>During his visit to the UK and the US, the minister discussed the need for a stable and simplified policy and regulatory regime, standardised power purchase contracts and equipment standardisation with the investors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India is exploring gas purchase contracts spanning 10-15 years for power projects at a fixed price of $5 per mmbtu, power, coal and renewable energy minister Piyush Goyal said. Goyal said with about 28 GW of stranded gas assets, the country is a huge and promising market as long as the prices are right. &#8220;Given the current Baltic index, I believe this is a viable proposition,&#8221; the minister said at a renewable energy investors round table co-hosted by the Confederation of Indian Industry and the US India Business Council in New York on Thursday. Goyal projected India&#8217;s growth to be [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-64625","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/64625","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=64625"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/64625\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=64625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=64625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=64625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}