Torrent Power Ltd. and GAIL India Ltd. bought LNG for May delivery in the last week, with the fuel set to be used to help power plants boost generation, according to traders with knowledge of the matter. The utilities paid about triple the normal spot rate for this time of year, as Russia’s invasion of Ukraine exacerbates a global supply crunch.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/oFtq3Hz
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