India issues tender for gas-fired power to address unusually high power demand

India is seeking bids to supply gas-fired power to address expected periods of unusually high electricity consumption in October and November, a tender issued on Thursday showed.Domestic gas plant operators are likely to bid for the tender, potentially pushing them to tap the spot liquefied natural gas (LNG) market at a time of tepid Asian demand.India relies on coal to generate nearly three quarters of its electricity, and power generated from coal is typically much cheaper than when generated by gas-fired plants. Over half of the country's roughly 25 gigawatts (GW) of gas-fired capacity is non-operational because of relatively high LNG prices.However, the worst power shortages in 16 months due to an unexpected surge in power demand due to.....