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

'Fortunate To Get A Chance To Develop Navi Mumbai Airport': Gautam Adani Calls NMIA Launch A...

'Fortunate To Get A Chance To Develop Navi Mumbai Airport': Gautam Adani Calls NMIA Launch A...

NBCC Buys Land In Dubai For AED 15 Million To Develop Mixed-Use Project, Marks Overseas Realty Foray

NBCC Buys Land In Dubai For AED 15 Million To Develop Mixed-Use Project, Marks Overseas Realty Foray

JK Tyre Completes Merger Of Cavendish Industries, Strengthening Scale And Operational Synergies

JK Tyre Completes Merger Of Cavendish Industries, Strengthening Scale And Operational Synergies

Housing Sales Dip 16 Per Cent To 98,019 Units In Oct–Dec Across Top 9 Cities: PropEquity

Housing Sales Dip 16 Per Cent To 98,019 Units In Oct–Dec Across Top 9 Cities: PropEquity

Rupee Slides 16 Paise To 89.79 Against Dollar As Foreign Fund Outflows and Bullion Demand Offset RBI...

Rupee Slides 16 Paise To 89.79 Against Dollar As Foreign Fund Outflows and Bullion Demand Offset RBI...