Power Ministry is considering to have an urgent solution for providing gas to the around 14,000 MW gas based projects which are stalled due to lack of fuel and has urged the gas producers and consumers to spare some gas for power projects after fulfilling their requirements.
As on date as high as around 14,000 MW of gas based thermal power projects having investment outlay of around USD 21 Billion are idle due to unavailability of gas.
Currently, the total requirement of 18,713 MW gas based power plants are around 72 Million Cubic meters per day, out of which only 30% is being met. Further around 8,000 MW of gas based projects are constructed and almost ready for commissioning but due to lack of gas they are not able to fire the plants.
No gas flows to 25 power plants that had signed up for 29.74 mmscmd of KG-D6 gas.
Most of the gas being produced are consumed to meet the requirements of fertilizer companies which are needed to produce around 30 Million tonnes of fertilizer/Urea for the agricultural sector. Fertilizer plants have accorded top priority for receipts of gas.
Issues of gas unavailability for power projects seems to be mainly on account of drastic fall in gas production from Reliance Industries Limited's eastern offshore KG-D6 gas fields. Present output from this fields are around 14 mmscmd which are being used to meet the requirements of fertilizer plants.
According to Power Ministry, during the next meeting of the Empowered Group of Ministers (EGoM), the fuel supply issue for the power projects will be discussed critically and looked into for the solution.
In the meantime, the Power Ministry suggests seeking untied gas currently being produced or likely to be produced by the gas production companies such as ONGC and GSPC. It also urges fertilizer plants to spare some gas after fulfilling their requirements of producing urea.
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