Punjab seeks tariff for LNG power project

The Punjab government has kick-started the process for construction of the fourth liquefied natural gas (LNG)-fired power project of 1,263 megawatts at an estimated cost of over $800 million.

Despite expectations of surplus electricity next year, the provincial government has asked the power regulator to award sales tariff to the project, which will be built on a fast track so that local financial institutions can be convinced to provide financing.

Published in The Express Tribune, 6th October, 2017