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Torrent Power, Lanco emerge as lowest bidders in gas-fired power auction

By Economic Times - 9 months ago
Torrent Power's DGEN Power plant and Lanco Group were among the lowest bidders in an auction to supply natural gas-fired power during peak electricity demand in India, a document revealed. India, predominantly reliant on coal for electricity generation, is turning to gas-fired power amid fears of shortages during Prime Minister Narendra Modi's election year.

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