Power Grid Corporation of India Limited (PGCIL) on Thursday sought a loan assistance of $1 billion from Asian Development Bank (ADB) to support funding of various transmission projects, including a project under the government's much-ambitious Green Energy Corridor projects.
Three phases of auction of e-bid Re-gasified Liquefied Natural Gas (RLNG) have been completed so far and 4th phase is presently under operation from October 1, 2016 to March 31, 2017. Under the 4th phase, Power System Development Fund (PSDF) support ranging from Rs.0.21 per unit to Rs.0.22 per unit has been secured by the successful bidders in the reverse auction.