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