India’s NTPC VVN amends gas price formula for 4 GW power tender to include WIM

India-based NTPC Vidyut Vyapar Nigam Ltd.’s amendment of its variable gas price formula to include West India Marker for its 4 GW power sourcing tender is likely to improve market transparency around pricing, market sources told S&P Global Commodity Insights late Feb. 1. “This is a good development as it leads to more market transparency by reference to a transparent… India-based NTPC Vidyut Vyapar Nigam Ltd.’s amendment of its variable gas price formula to include West India Marker for its 4 GW power sourcing tender is likely to improve market transparency around pricing, market sources told S&P Global Commodity Insights late Feb. 1. “This is a good development as it leads to more market transparency by reference to a transparent… Read More