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.
Gas-based plants not viable: Goyal
RECENT STORIES
SBI Life Q3 Net Rises Marginally To ₹320 Crore, Revenue Jumps 46% YoY To ₹38,710 Crore
Novartis India Q3 Profit Soars To ₹526 Crore, Revenue Rises 7% YoY To ₹412 Crore
CSB Bank Net Profit Inches Up To ₹153 Crore In Q3, Revenue Surges 26% YoY To ₹1,431 Crore
ACC Cement Q3 Profit Rises 36% QoQ To ₹527 Crore, Revenue Grows To ₹4,918 Crore
Maruti Suzuki Q3 Profit Rises To ₹3,879 Crore, Revenue Climbs 11.6% YoY To ₹45,917 Crore