At Tuesday’s meeting of officials from Power Ministry, Petroleum and Natural Gas Ministry and Prime Minister’s Office on gas price pooling to revive power plants it was felt that more views should be sought from the stakeholders.
“Fresh views will be sought from all stakeholders including State Governments and Finance Ministry,” said a person in the know of the development.
The Power Ministry had revived its demand for pooling price of imported and domestic gas. Gas price pooling refers to the weighted average of imported and domestic gas based on proportion of volume.
Aside from gas price pooling, the power sector had also sought gas at affordable prices and subsidy for State distribution utilities to help them purchase costly power from gas-based plants.
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