Gas-based plants not viable: Goyal

Gas-based plants not viable: Goyal

FPJ BureauUpdated: Saturday, June 01, 2019, 09:48 AM IST
article-image

New Delhi: Gas-based plants in India are not viable because there is not enough gas in the country and Naptha-based plants produce costly energy, Power Minister Piyush Goyal informed the Lok Sabha. “There is not enough gas in this country and if at all, these plants have come up, there was no assurance of gas being provided at any particular price or the availability of gas was not guaranteed to any of these plants,” he said.

RECENT STORIES

Rupee Rebounds 10 Paise To 91.80 Against USD As Dollar Weakens, Remains Vulnerable To Geopolitical...
Rupee Rebounds 10 Paise To 91.80 Against USD As Dollar Weakens, Remains Vulnerable To Geopolitical...
Nationwide Bank Strike Today, January 27: Which Banks Will remain Closed? What Services Will Be...
Nationwide Bank Strike Today, January 27:  Which Banks Will remain Closed? What Services Will Be...
US Miffed by Landmark India-EU Trade Pact
US Miffed by Landmark India-EU Trade Pact
Sensex, Nifty Open Lower Amid FII Selling, Eyes On India-EU FTA Announcement
Sensex, Nifty Open Lower Amid FII Selling, Eyes On India-EU FTA Announcement
Axis Bank Q3 Net Profit Rises 4% To ₹7,011 Crore, Retail Loan Growth Slows Amid Recalibration
Axis Bank Q3 Net Profit Rises 4% To ₹7,011 Crore, Retail Loan Growth Slows Amid Recalibration