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Govt's efforts to avoid power crisis set to boost LNG imports in summers

An early onset of hot weather has already pushed power demand to near-record levels, stoking fears of a repeat of the intense heat wave last year

Photo: Bloomberg
premium

Photo: Bloomberg

Rajesh Kumar Singh and Rakesh Sharma | Bloomberg
India will boost fuel imports after gas-fired power stations were asked to increase output to meet soaring demand during the summer months.
 
Gail India Ltd. will tap the seaborne market to supply state-run power producer NTPC Ltd., which has been asked by the government to run 5 gigawatts of plants to meet peak demand during April and May, according to people familiar with the matter, who asked not to be named as the details are private.

New Delhi-based NTPC estimates it will require 250 million metric standard cubic meters of the fuel during the two-month period, according to some of