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Power System Development Fund News

21 Mar 2016

Govt to revive of 9 gas-based power plants, to generate 7 billion units

The government has announced the revival of nine stranded gas-based power plants with a total installed capacity of 5,942 MW, which successfully bid electricity at Rs.4.7 per unit for six months beginning April.

India's long term gas supply pacts

24 Nov 2015

Government plans cheap gas import for long term: Power Minister

The Government will approach global markets for long term gas supply pacts in view of low prices of the fuel, Power Minister Piyush Goyal said today.

10 May 2015

Stranded gas-based power projects to bid for subsidy tomorrow

The government will provide as much as Rs 3,500 crore in financial support to the power plants this fiscal.

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