Under directives from the International Monetary Fund (IMF), the government is preparing to equalize the gas tariff for captive power plants (CPPs) with Re-gasified Liquefied Natural Gas (RLNG) prices starting July 1, 2024. This move follows discussions with senior officials from the Energy Ministry, who highlighted the necessity of this adjustment in response to IMF requirements. Currently, the gas tariff for CPPs stands at Rs2,750 per MMBTU, with plans to increase it to match RLNG prices. This adjustment is seen as crucial in meeting IMF obligations and addressing inefficiencies in…
Read More“IMF Directive: Gas Tariff for Captive Power Plants to Align with RLNG Prices from July 1”
