Indian utilities to supply NVVN gas-based power with LNG priced around $8.50/MMBtu

Indian utilities will supply gas-based power in a state-owned NTPC Vidyut Vyapar Nigam tender using LNG at a price of $8.50/MMBtu for March 16-April 15, sources told S&P Global Commodity Insights March 7. Torrent Power will supply 770 MW in the NVVN tender with a minimum offtake of 388 million units. The actual offtake would depend on demand in the… Indian utilities will supply gas-based power in a state-owned NTPC Vidyut Vyapar Nigam tender using LNG at a price of $8.50/MMBtu for March 16-April 15, sources told S&P Global Commodity Insights March 7. Torrent Power will supply 770 MW in the NVVN tender with a minimum offtake of 388 million units. The actual offtake would depend on demand in the… Read More