Government takes measures to operationalize Gas-based Power Plants to help meet Summer Electricity Demand

As per the arrangement, GRID-INDIA will inform the Gas-based Generating Stations in advance, of the number of days for which Gas-based power is required. Gas-Based Generating Stations holding Power Purchase Agreements (PPAs) with Distribution Licensees shall first offer their power to PPA holders. If the power offered is not utilised by any PPA holder, then it shall be offered in the power market. Gas-Based Generating Stations not tied to PPAs must offer their generation in the power market. A high-level committee headed by Chairperson, Central Electricity Authority has been constituted to facilitate the implementation of this direction.

IFSCA Shares Insights at HSBC Global Investment Summit 2024

The HSBC Global Investment Summit serves as a premier platform for thought leaders and industry experts to exchange insights on global economic trends. This summit, convened in Hong Kong from April 8-10, has attracted over 2,500 delegates worldwide to delve into key themes shaping the global economy.