India’s Top Utility Said to Seek End to Imported-Gas Supply Deal

  • NTPC seeking to end 20-year gas purchase contract with GAIL
  • State electricity company sees imported gas as too costly

State-run NTPC Ltd., India’s biggest power producer, is seeking to terminate a long-term supply contract for imported natural gas as it says the fuel is too expensive to be used in power generation, according to people with knowledge of the situation.

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