Even though gas based electricity may have a fighting chance to stay relevant in the medium term, the ride so far has not been rosy
8Given India's gas production constraints, low cost-competitiveness of liquefied natural gas (LNG), and under-developed infrastructure, the share of gas-based power in total generation plunged to around 4% in fiscal 2016 compared with 12% in 2011
8This is because of inadequate domestic supply and unviable LNG prices.
8Spot prices of electricity have fallen below...http://goo.gl/WNluOb
8Given India's gas production constraints, low cost-competitiveness of liquefied natural gas (LNG), and under-developed infrastructure, the share of gas-based power in total generation plunged to around 4% in fiscal 2016 compared with 12% in 2011
8This is because of inadequate domestic supply and unviable LNG prices.
8Spot prices of electricity have fallen below...http://goo.gl/WNluOb
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