Qatari gas to the rescue of Indian power plants

14,000-Mw of stranded capacity might get fuel from beleaguered Arab nation

Despite its darkening political horizon, Qatar might turn out to be the saviour for 14,000-Mw stranded power plants in India. The two are in talks to create a special purpose vehicle (SPV) that will provide gas to revive these distressed units.

Of the 24,150 Mw gas-based power plants in India, 14,305 Mw are stranded or partly inoperative because of paucity of gas.

“We are in talks with Qatar to form an SPV. Qatar is a producer and supplier, and we can provide a market here,” Union Petroleum Minister Dharmendra Pradhan told Business Standard.  

He added that recent political developments,