Producing power from gas at the higher approved price is possible but there will be no buyers for that electricity, Power Minister Jyotiraditya Scindia said Thursday. “Producing power beyond $8.4 per mmbtu (million metric British thermal unit) is possible but it will never get sold. So you are producing a product the market won’t buy,” […]
After water, Delhi Chief Minister Arvind Kejriwal Tuesday fulfilled his second major election promise of cutting power bills of residents by half. The move to provide 50 percent subsidy in power tariff, expected to benefit an estimated 2.8 million out of 3.4 million households, applicable if consumption is below 400 units per month, came a […]
