Question : SUBSIDY FROM POWER SYSTEM DEVELOPMENT FUND



(a) whether the Government proposes to revise the provisions with regard to Power System Development Fund to enable import of fuel for stranded gas power plants;

(b) if so, the details thereof; and

(c) the other steps taken by Government to give lifeline to stranded power plants?

Answer given by the minister


THE MINISTER OF STATE (INDEPENDENT CHARGE) FOR POWER, COAL AND NEW & RENEWABLE ENERGY ( SHRI PIYUSH GOYAL )

(a) : No, Madam.

(b) : In view of the (a) above, question does not arise.

(c) : Government of India has sanctioned a scheme for importing spot RLNG in 2015-16 and 2016-17 for the stranded gas based power plants as well as for plants receiving domestic gas upto the target PLF selected through a reverse e-bidding process. The scheme provides for financial support from PSDF (Power System Development Fund). The outlay for the support from PSDF has been fixed at Rs.7500 crores (Rs.3500 crores and Rs.4000 crores for the year 2015-16 and 2016-17 respectively).