News Brief | September 2013
Essar Power Bets on Coal to Meet Gas Fall
Essar Power plans to convert two of its gas-based power plants in India into coal-based projects as the cost of keeping these plants idle amidst a crippling gas shortage rises. The gas turbines would be shifted to Nigeria after conversion where they would fuel a 330 MW power plant. India's gas output, primarily from RIL's D6 block in the Krishna-Godavari basin, has been declining since 2010, leaving over 20,000 MW of units underutilised.