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Qatari gas to the rescue of Indian power plants

14,000-Mw of stranded capacity might get fuel from beleaguered Arab nation

Shine Jacob  |  New Delhi 

Despite its darkening political horizon, Qatar might turn out to be the saviour for 14,000-Mw stranded power plants in India. The two are in talks to create a special purpose vehicle (SPV) that will provide gas to revive these distressed units. Of the 24,150 Mw gas-based power plants in India, 14,305 Mw are stranded or partly inoperative because of paucity of gas. “We are in talks with Qatar to form an SPV. Qatar is a producer and supplier, and we can provide a market here,” Union Petroleum Minister Dharmendra Pradhan told Business Standard.   He added ...

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