New Delhi The stagnation in domestic gas and coal production has led to a revival of interest in the liquefied natural gas (LNG) business, despite it being the most expensive fuel for power generation.
Among the growing list of energy companies looking at the LNG business are government-run Indian Oil Corporation (IOC), which plans a 5 million tonne (mt) terminal at Ennore Port by 2015, and Reliance Power, which, in a joint venture with Shell, would set up a terminal with similar capacity at Andhra Pradesh, close to the its KG-D6 gas block and gas-based Samalkot power plant.