New Delhi, Nov 29 (IBNS) The government on Thursday said it will adopt a multi-pronged strategy to augment gas supplies.
Minister of State (Independent Charge) for Power Jyotiraditya Scindia on Thursday informed the Lok Sabha that at present, around 85 MMSCMD (Million Metric Standard Cubic Meter per Day) of gas is required at 90% PLF, against which 35 MMSCMD gas is being supplied to the gas-based power stations in the country.
A number of gas based power projects are at an advanced stage of construction and a few projects were expected to be commissioned during 11th Plan itself, he said.
"However, these projects have been delayed due to declining production of KG D6 gas, as gas to these projects could not be allocated so far," Scindia said.
He further informed he House that in case of existing plants are operated now a reduced level of gas supply e.g., from 90% Plant Load Factor (PLF) requirement to 40% requirement, this would result in a likely increase in overall cost of electricity from gas base plants to the tune of around 30%.
Replying to a question, the minister said that Government of India has adopted a multi-pronged strategy to augment gas supplies and bridge the gap between supply and demand for the domestic market as under:
(i) Ministry of Petroleum & Natural gas (MOP&NG) is taking necessary steps to augment production of natural gas from the gas fields/wells.
(ii) MOP&NG is taking necessary steps to increase availability of gas from domestic sources by awarding gas blocks for Exploration & Production (E&P) activities in various sedimentary basins of the country under the New Exploration Licensing Policy (NELP).
(iii) MOP&NG is encouraging Import of gas in the form of Liquefied Natural Gas (LNG) and also making efforts for import of gas through International pipeline projects.
No specific proposal for relocation of any ongoing gas based power projects to foreign countries have been received by the Government.