Pakistan, April 30 -- The International Monetary Fund (IMF) has revised the calculation method for the "off-the-grid" levy imposed on gas used by captive power plants in Pakistan, marking a key adjustment under the country's ongoing energy reform programme.
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According to officials, the revised framework changes the reference point for levy calculation from peak-hour electricity tariffs to the average of peak and non-peak rates of the B3 industrial tariff. This adjustment is expected to significantly reduce the financial burden on industrial users, particularly export-oriented sectors.
The new mechanism is projected to cut the levy by around 61 percent, bringing it down from approximate...
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